Avista Utilities

Spokane, United States Founded: 1889 • Age: 137 yrs Acquired By Hydro One
Avista Utilities is engaged in providing energy services.
Annual revenue - Latest available
Total funding $7.5M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Avista Utilities

Avista Utilities is a company based in Spokane (United States) founded in 1889 was acquired by Hydro One in July 2017. It operates as a Subscription Services and Pay-per-Use / Usage-Based. Avista Utilities has raised $7.5 million across 2 funding rounds from investors including Hydro One, Chrysalix Venture Capital and OSTI.GOV. Avista Utilities has completed 1 acquisition, including Vitol. Avista Utilities offers products and services including Electric Service, Natural Gas Service, and Renewable Energy Options.

  • Headquarter Spokane, United States
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Avista Corporation
Operational Areas
Energy & Utilities → Energy & Water Utilities Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $20 M (USD), Grant

    Mar 23, 2010

  • Investors
    Hydro One

    & 2 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Hydro One

    (Jul 19, 2017)

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Products & Services of Avista Utilities

Avista Utilities offers a comprehensive portfolio of products and services, including Electric Service, Natural Gas Service, and Renewable Energy Options.

Product name locked
Category locked
Primary

Electricity is provided to residential and business customers.

Product name locked
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Natural gas is supplied for heating and energy needs.

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Renewable energy solutions are offered for sustainable power.

Funding Insights of Avista Utilities

Avista Utilities has successfully raised a total of $7.5M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $20 million completed in March 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Avista Utilities

Avista Utilities has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Hydro One, Chrysalix Venture Capital and OSTI.GOV.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Chrysalix Venture Capital is focused on industrial innovation investments.
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Electricity transmission and distribution services are provided in Ontario.
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Investor details for Avista Utilities

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Investments & Acquisitions by Avista Utilities

Avista Utilities has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vitol.

Investments
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Investment portfolio details for Avista Utilities

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Oil processing, storage, and shipping services are provided globally.
Locked Locked 1966 Locked
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Complete acquisition details for Avista Utilities

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Financial Statements - Avista Utilities

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Detailed financials for Avista Utilities

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Avista Utilities Comparisons

Avista Utilities Primary company
Description
Avista Utilities is engaged in providing energy services.
Location
Spokane, United States
Founded Year
1889
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Avista Utilities

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Competitors of Avista Utilities

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Detailed competitors of Avista Utilities

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Latest news on Avista Utilities

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Frequently Asked Questions about Avista Utilities

Avista Utilities was founded in 1889 and raised its 1st funding round 114 years after it was founded.

Avista Utilities is headquartered in Spokane, United States. It is registered at Spokane, Washington, United States.

Avista Utilities is a funded company, having raised a total of $7.5M across 2 funding rounds to date.

Avista Utilities is involved in the distribution of electricity and natural gas to residential and business customers across Washington, Idaho, and Oregon. Services are extended to include renewable energy options such as solar and natural gas programs. The company is committed to environmental stewardship and community support, offering energy-saving rebates and safety programs. Operations are focused on maintaining reliable energy supply while integrating sustainable practices and supporting local initiatives.

Avista Utilities offers Electric Service, Natural Gas Service, and Renewable Energy Options.

Avista Utilities has made 1 acquisition, including Vitol.

Avista Utilities has 3 investors. Key investors include Hydro One, Chrysalix Venture Capital, and OSTI.GOV.

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