Avista Corporation (AVA)

An energy company providing electric and natural gas services to customers in the Pacific Northwest, with a commitment to environmental stewardship.

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Avista Corporation, along with its subsidiaries, functions as a prominent utility company specializing in electric and natural gas services. Operating through two distinct segments, Avista Utilities and AEL&P, the company plays a pivotal role in delivering essential utilities across its service areas. The Avista Utilities segment is responsible for distributing and transmitting electricity, as well as distributing natural gas in parts of eastern Washington, northern Idaho, and portions of Oregon. It also generates electricity across Washington, Idaho, Oregon, and Montana, alongside engaging in wholesale electricity and natural gas transactions.

In the city and borough of Juneau, Alaska, the AEL&P segment provides electric services to approximately 17,600 customers, ensuring reliable power delivery in its region. Avista Corporation further enhances its operational footprint through a diverse portfolio of electricity generation assets, including hydroelectric, thermal, and wind facilities. As of February 22, 2023, the company proudly served 411,000 electric customers and provided natural gas to 377,000 customers, reinforcing its extensive reach and impact within the communities it serves.

Beyond its core utility operations, Avista Corporation actively participates in venture fund investments, real estate ventures, and other strategic investments. These initiatives underscore the company's commitment to fostering growth opportunities and diversifying its business interests. Established in 1889 and headquartered in Spokane, Washington, Avista Corporation remains dedicated to delivering dependable utility services while continuously exploring avenues for innovation and sustainable energy solutions.

With a rich history spanning over a century, Avista Corporation continues to uphold its legacy of service excellence and community stewardship. Through ongoing investments in infrastructure and technology, the company strives to meet evolving energy demands while prioritizing environmental responsibility and customer satisfaction.

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