| Avista Corporation engages in the generation, transmission, and distribution of energy, as well as other energy-related businesses. It operates in four segments: Avista Utilities, Energy Marketing and Resource Management, Avista Advantage, and Other. The Avista Utilities segment generates, transmits, and distributes electricity; and distributes natural gas, as well as purchases and sells electric capacity and energy. The Energy Marketing and Resource Management segment engages in the electricity and natural gas marketing, trading, and resource management business, as well as has 49 0nterest in a 270 MW natural gas-fired combined cycle combustion turbine plant in northern Idaho. The Avista Advantage segment provides utility bill processing, payment, and information services to multisite customers in North America. This segment primarily offers consolidated billing, resource accounting, energy analysis, and load profiling services. The Other segment involves in advanced manufacturing and development that performs custom sheet metal manufacturing of electronic enclosures, parts, and systems for the computer, telecom, and medical industries. It also provides fabrication and turnkey assembly for arcade games, kiosks, store fixtures, and displays. Avista distributes energy primarily to residential, commercial, and industrial customers in the United States and Canada. The company was founded in 1889. It was formerly known as Washington Water Power Co. and changed its name to Avista Corporation in 1999. Avista is headquartered in Spokane, Washington. |
