On November 21st, 2008, IDACORP filed an 8-k with the SEC stating that the filing from the previous day was not filed to register additional stock but was instead meant to replace two separate existing filings that had been made 3 years prior. The filing was made to comply with the Securities Act of 1933, which states that each filing for the sale of additional securities is effective for only a three year period.[1]
On November 20, IDACORP announced that it had filed to sell up to $598.8 million in stock and securities to repay debt, invest in its subsidiaries or acquisitions.
IDACORP earned $51.7 million in net income, totaling $91 million on the year.