UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________________

FORM 8-K

_______________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

~~of the~~ Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August ~~March 9~~3, 2023

Commission File Number		Exact name of registrant as specified in its charter, address of principal executive offices and registrant’s telephone number		IRS Employer Identification Number
1-3198		Idaho Power Company		82-0130980

_______________________

1221 W. Idaho Street

Exact name of registrants as specified in

Commission

their charters, address of principal executive

IRS Employer

File Number

offices and registrants' telephone number

Identification Number

1-14465

IDACORP, Inc.

82-0505802

1-3198

Idaho Power Company

82-0130980

1221 W. Idaho Street

Boise,

Idaho

83702-5627

(208)

338-2200

State or Other Jurisdiction of Incorporation:

Idaho

Former name, former address and former fiscal year, if changed since last report:

None

~~Boise,~~Check ~~ID 83702~~the appropriate box below if the Form 8-~~5627~~K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

(208) 388-2200

State or Other Jurisdiction of Incorporation: Idaho

Former name or former address, if changed since last report: None

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

Title of each class Trading Symbol(s) Name of each exchange on which registered ~~N/A~~Common ~~N/A~~Stock ~~N/A~~IDA New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

~~Item 8.01 Other Events.~~□

OnItem ~~March 9, 2023, Idaho Power Company (“Idaho Power”) entered into a Terms Agreement (the “Terms Agreement”) with J~~2.P.02 ~~Morgan~~Results Securities LLC, U.S. Bancorp Investments, Inc., Wells Fargo Securities, LLC, BofA Securities, Inc. and MUFG Securities Americas Inc., as purchasers, whereby Idaho Power agreed to sell and the purchasers agreed to purchase, subject to the terms and conditions expressed therein, $400,000,000 aggregate principal amount of ~~Idaho~~Operations ~~Power’s 5.50% First Mortgage Bonds due 2053, Secured Medium-Term Notes, Series M (the “Bonds”). The Bonds are expected to be issued on March 14, 2023, subject to the terms~~ and ~~conditions~~Financial ~~expressed in the Terms Agreement and in the Selling Agency Agreement (the “Selling Agency Agreement”), dated June 30, 2022, between Idaho Power and each of BofA Securities, Inc~~Condition., ~~J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., MUFG Securities Americas Inc., U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC.~~

~~The~~On ~~Terms~~August ~~Agreement~~3, ~~and~~2023, ~~the~~IDACORP, ~~Selling~~Inc. ~~Agency~~("IDACORP”) ~~Agreement~~issued ~~contain~~a ~~representations,~~press ~~warranties~~release ~~and~~reporting ~~agreements~~its offinancial ~~Idaho~~results ~~Power,~~for ~~customary~~the ~~conditions~~quarter toended ~~closing~~June 30, ~~indemnification~~2023. ~~rights~~A ~~and~~copy ~~obligations~~ of the ~~parties~~press ~~and~~release ~~termination provisions. The Terms Agreement~~ is ~~filed~~furnished herewith as Exhibit 199.1 ~~hereto~~. ~~The~~As ~~Selling Agency Agreement was~~ previously ~~filed~~announced, ason ~~Exhibit~~the ~~1.1~~same today, ~~Idaho~~members ~~Power~~of IDACORP’s ~~Current~~management ~~Report~~will onhold ~~Form~~a ~~8-K~~teleconference ~~filed~~to ~~with~~discuss the ~~Securities~~financial results, and ~~Exchange~~the ~~Commission~~presentation onslides ~~June 30,~~furnished ~~2022~~herewith as Exhibit 99.2 will accompany management’s comments.

Item 7.01 Regulation FD Disclosure.

The information set forth in Item 2.02 above is hereby incorporated herein by reference.

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The information in Item 2.02 and 7.01 of this report, including the press release and presentation furnished as Exhibits 99.1 and 99.2 hereto, respectively, shall not be deemed to be “filed” for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. In addition, the exhibits furnished herewith contain statements intended as “forward-looking statements” that are subject to the cautionary statements about forward-looking statements set forth in such exhibits.

The exhibits furnished with this report contain business segment information for Idaho Power Company. Accordingly, this report is also being furnished on behalf of such registrant.

______________

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibits are being furnished as part of this report.

Exhibit No.	Description
ExhibitNumber		Description
1.1	Terms Agreement, dated March 9, 2023, between Idaho Power Company and each of J.P. Morgan Securities LLC, U.S. Bancorp Investments, Inc., Wells Fargo Securities, LLC, BofA Securities, Inc. and MUFG Securities Americas Inc., as purchasers
99.1		IDACORP, Inc. press release, dated August 3, 2023
1.2	Selling Agency Agreement, dated June 30, 2022, between Idaho Power Company and each of BofA Securities, Inc., J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., MUFG Securities Americas Inc., U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC (incorporated by reference to Exhibit 1.1 to Idaho Power’s Current Report on Form 8-K filed with the Securities and Exchange Commission on June 30, 2022)
99.2		IDACORP, Inc. second quarter 2023 financial teleconference presentation, dated August 3, 2023
5.1	Opinion of Perkins Coie LLP, dated March 10, 2023, filed in connection with Registration Statement on Form S-3 (File No. 333-264984)
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)
23.1	Consent of Perkins Coie LLP (included in Exhibit 5.1)
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the ~~registrant~~registrants ~~has~~have duly caused this report to be signed on ~~its~~their behalf by the undersigned hereunto duly authorized.

Dated: August ~~March 10~~3, 2023

~~IDAHO~~IDACORP, ~~POWER COMPANY By: /s/ Brian R~~INC. ~~Buckham Brian R. Buckham Senior Vice President and Chief Financial Officer~~

By: /s/ Lisa A. Grow

Lisa A. Grow

President and Chief Executive Officer

IDAHO POWER COMPANY

By: /s/ Lisa A. Grow

Lisa A. Grow

President and Chief Executive Officer

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