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What smart money is saying about IDACORPUnited States flag

IDA · Utilities · Regulated Electric · Market cap $7.95B

2 funds in our archive have pitched IDACORP — most recently Aristotle Small Mid Cap Equity in December 2025.

Company profile

IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.

Fund coverage · 2 theses

  • Aristotle Small Mid Cap Equity
    December 2025

    IDACORP is a vertically integrated utility with strong load growth, favorable demographics, and regulatory support underpinning earnings and rate base growth.

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  • Mairs and Power Growth Fund
    June 2025

    IDACORP is well-positioned for consistent earnings growth and attractive shareholder returns due to robust population growth and increasing electric demand in southern Idaho and eastern Oregon.

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