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Company Profile
- Avista Corporation
- Country : United States
- City: Spokane
- State: Washington - WA
- Address: 1411 E. Mission Ave.
- Zipcode: 99202-2600
- Category: Fortune 500 Companies
- Description: Utility deregulation has led to wider horizons for Avista. The holding company has moved beyond its basic utilities to engage in nonregulated businesses, such as electricity and natural gas trading and marketing in the western US, which now makes up about 80% of sales. Avista's regulated utility unit generates 1,500 MW of electricity, which is distributed to nearly 320,000 customers in Idaho and Washington. It also supplies natural gas to some 285,000 customers in California, Idaho, Oregon, and Washington. Other nonregulated operations include fuel cell development and Web-based utility billing; Avista has sold most of its communications operations. Microsoft founder Bill Gates owns nearly 7% of the company.
- Products: Energy
- Employees: 2,175