Exhibit 3.2 IDAHO POWER HOLDING COMPANY ARTICLES OF AMENDMENT 1. IDAHO POWER HOLDING COMPANY (Corporation) is hereby amending Article I of its Articles of Incorporation to read as follows: Article I NAME The name of the Corporation is IDACORP, Inc. 2. This amendment was adopted in accordance with Section 30-1-704 of the Idaho Business Corporation Act, as amended, pursuant to which an officer of Idaho Power Company, the sole shareholder of Idaho Power Holding Company, adopted a resolution changing the name of Idaho Power Holding Company to IDACORP, Inc., by written consent in lieu of a meeting of shareholders effective March 9, 1998. IN WITNESS WHEREOF, the undersigned has signed this Article of Amendment this 9th day of March, 1998. IDAHO POWER HOLDING COMPANY By: /s/ Robert W. Stahman -------------------------- Robert W. Stahman Secretary