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AVISTA CORP (AVA)

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Business Summary
Logo Avista Corp
Engages in production, transmission and distribution of energy and related businesses

Avista Corp. is engaged in the generation, transmission and distribution of electricity and the distribution of natural gas, as well as other energy-related businesses.

The company operates through two reportable business segments: Avista Utilities and Ecova.

The Avista Utilities segment is an operating division that is involved in the regulation of utility operations.

It generates, transmits and distributes electricity and distributes natural gas. The utility also engages in wholesale purchases and sales of electricity and natural gas. The Ecova segment provides energy efficiency and cost management programs to multi-site customers and utilities throughout North America.

Its service lines include expense management services for utility and telecom needs as well as strategic energy management and efficiency services that include procurement, conservation, performance reporting, financial planning, facility optimization and continuous monitoring, and energy efficiency program management for commercial enterprises and utilities.

Avista was founded on March 13, 1889 and is headquartered in Spokane, WA.

Number of employees : 1 874 persons.
Sales per Businesses
20132014Delta
USD (in Million)%USD (in Million)%
Avista Utilities1,40486.7%1,41496% +0.67%
Ecova176.7610.9%---
Other39.552.4%39.222.7% -0.84%
Intersegment Eliminations-1.80-0.1%-1.80-0.1%-
Alaska Electric Light & Power Company--21.641.5%-
Sales per Regions
20132014Delta
USD (in Million)%USD (in Million)%
North America1,619100%1,473100% -9.91%
Managers
NameAgeSinceTitle
Scott L. Morris571981Chairman, President & Chief Executive Officer
Mark T. Thies, CPA512008Chief Financial Officer, Treasurer & Senior VP
James M. Kensok, MBA561996Chief Information Officer & Vice President
John F. Kelly701997Lead Independent Director
Reed John Taylor651985Independent Director
Erik J. Anderson562000Independent Director
Kristianne Blake, CPA612000Independent Director
Heidi B. Stanley582006Independent Director
Marc F. Racicot662009Independent Director
Rebecca A. Klein492010Independent Director
Shareholders
NameShares%
BlackRock Fund Advisors 8,807,350 14.1%
The Vanguard Group, Inc. 4,266,530 6.84%
LSV Asset Management 1,705,600 2.74%
SSgA Funds Management, Inc. 1,533,361 2.46%
Northern Trust Investments, Inc. 1,476,097 2.37%
Principal Global Investors LLC 1,320,597 2.12%
Columbia Management Investment Advisers LLC 1,100,158 1.76%
Dimensional Fund Advisors LP 1,021,193 1.64%
Fisher Asset Management LLC 861,250 1.38%
Mellon Capital Management Corp. 604,448 0.97%
Sector
Utilities
Utilities
 Multiline Utilities
  Multiline Utilities
   Multiline Utilities
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Avista Corp : Connections
Educational Holdings LLC
Washington Roundtable
Russell Investment Funds
Power Across Texas
Gonzaga University
Clario Medical Imaging, Inc.
American Gas Association
Washington State University Foundation
Western Energy Institute
Edison Electric Institute
Innovate Washington
ReliOn, Inc.
TopGolf, Inc.
Federal Reserve Bank of San Francisco
Kristianne Gates Blake PS
Inland Northwest Council Boy Scouts of America
Action Mortgage Co.
March of Dimes (Spokane)
Association of Washington Business
Washington Technology Industry Association
MassMutual Financial Group
Eastern Washington University Foundation
Tuggey Rosenthal Pauerstein Sandoloski Agather LLP
John F. Kelly & Associates LLC
Tachyon Networks, Inc.
Golf Entertainment International, Inc.
Green Leaf Re Insurance Co.
Symform, Inc.
CropUSA Insurance Agency, Inc.
Shah Management LLC
AIA Insurance, Inc.
Russell Investment Co.
AIA Services Corp.
Empire Bolt & Screw, Inc.
Pacific Empire Radio Corp.
Harbor Financial Services, Inc.
Idaho Heritage Trust, Inc.
Avista Energy, Inc.
Spokane Symphony
Idaho Endowment Fund Investment Board
The Washington Cos.
Idaho State Bar Association
Lower Colorado River Authority (Texas)
WestRiver Capital LLC
Klein Energy LLC
WestRiver Management LLC
State Bar of Texas
Company contact information
Avista Corp.
1411 East Mission Avenue
Spokane, WA 99202-1902

Phone : +1.509.489.0500
Fax : +1.509.777.5075
Web : www.avistacorp.com
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