IDACORP updates capex forecast: 20% higher for 2026-2029; 300MW wind project terminated

IDACORP INC

Capital expenditures for 2026-2029 expected ~20% higher than Feb 2025 estimates, now ~$1,127M per year average.
300 MW Idaho Power-owned wind project terminated in Sep 2025 due to permitting delays and federal land use policy uncertainty.
IDACORP plans to publish an updated capex forecast in Feb 2026 for the 2026-2030 period.
Idaho Power is pursuing other resources to meet capacity and energy deficits after the wind project cancellation.

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