Avista (AVA: ASX) Investor Relations Material

Overview

Avista Corporation, a prominent electric and natural gas utility company, has been making waves in the energy industry with its extensive operations across the United States. Founded in 1889, the company has become a reliable source of electricity and natural gas, operating through its two key segments - Avista Utilities and AEL&P. The Avista Utilities segment is responsible for providing electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho. Additionally, it provides natural gas distribution services in parts of northeastern and southwestern Oregon, while generating electricity in Washington, Idaho, Oregon, and Montana. The segment also engages in the wholesale purchase and sale of electricity and natural gas, fostering business development in the industry. In contrast, the AEL&P segment solely offers electric service in the city and borough of Juneau, Alaska, making a significant contribution to the company's overall revenues. Besides providing electricity through hydroelectric, thermal, and wind facilities, Avista Corporation engages in venture fund investments, real estate investments, and other investment strategies, providing a diverse portfolio within the market. Overall, Avista Corporation has proven to be a reliable and competitive player in the energy sector, with a strong commitment to providing quality service to its customers. The company is headquartered in Spokane, Washington, and its continued growth is expected to be a major focus in the industry.