Avista Corporation (NYSE: AVA) is an energy company involved in the production, transmission, and distribution of electricity and natural gas. Its primary operating division, Avista Utilities, provides electric service to approximately 429,000 customers and natural gas service to 386,000 customers across a 34,000-square-mile service territory spanning eastern Washington, northern Idaho, and parts of southern and eastern Oregon, serving a population of 1.5 million. Through its subsidiary Alaska Electric Light and Power Company (AEL&P), Avista also provides retail electric service to 18,000 customers in the city and borough of Juneau, Alaska. The company operates hydroelectric, thermal, and wind generation resources and maintains transmission and distribution infrastructure. Avista also has non-regulated business activities that include investments in clean technology and biotechnology. The company is focused on infrastructure investment, resource adequacy through new generation and storage projects, and achieving constructive regulatory outcomes across its multi-state service territory. Updated
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