AVA

Avista Corp. is a utility holding company operating through its subsidiary, Avista Utilities, providing electric and natural gas service to customers in eastern Washington, northern Idaho, and parts of southern and eastern Oregon. The company generates, transmits, and distributes electricity and distributes natural gas to approximately 800,000 customers. Avista's generation portfolio includes hydroelectric, natural gas, biomass, and wind resources, with hydroelectric power providing a significant portion of energy production. The company operates under regulated utility frameworks providing cost recovery and allowed returns on capital investments. Avista also operates a subsidiary, Alaska Energy and Resources Company, providing electric service in Juneau, Alaska. Founded in 1889 and headquartered in Spokane, Washington, Avista has a long history of serving the Pacific Northwest. The company benefits from essential service demand, constructive regulatory relationships, and investment opportunities in grid modernization and clean energy while managing hydroelectric variability, wildfire risk, and infrastructure investment needs.