Avista - A Spokane legacy

Formerly the Washington Water Power Co., Avista has been a Spokane mainstay since 1889. On July 19, 2017, Avista announced it was being purchased by Canadian utilities company Hydro One. On Wednesday, December 5, 2018, that deal was rejected.

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News > Business

Avista CEO notes 2Q earnings ‘above expectations,’ outlines utility’s commitment to gain Hydro One sale approval

UPDATED: Wed., Aug. 1, 2018

Avista Corp.’s earnings during the second quarter exceeded expectations, said Chairman and CEO Scott Morris, who also reiterated the Spokane-based utility’s commitment to gain regulatory approval of its proposed sale to Hydro One. Ltd., of Toronto.

News > Spokane

Downed power line leads to brief bouts of chaos in downtown Spokane

UPDATED: Tue., July 24, 2018

A downed power line in downtown Spokane Tuesday afternoon led to brief bouts of chaos as cars navigated street-light-less roads and hospitals operated on backup generators.

News > Business

Washington regulators delay decision on Avista sale

UPDATED: Fri., July 20, 2018

Washington regulators have extended a deadline to Dec. 14 for deciding whether Avista’s sale to Hydro One Ltd. would benefit customers.

News > Business

Idaho regulators postpone Monday’s hearing in Avista sale

UPDATED: Thu., July 19, 2018

A technical hearing by Idaho regulators on the proposed merger of Avista and Hydro One has been postponed.

News > Spokane

Upriver Beacon fire largely contained; three structures lost

UPDATED: Thu., July 19, 2018

Firefighters said Thursday morning that the Upriver Beacon fire has been largely contained.

News > Spokane

Evacuated residents return to homes as crews mop up fire on Beacon Hill

UPDATED: Thu., July 19, 2018

People returned to their homes in the Beacon Hill area Wednesday morning after a fast-moving wildfire burned more than 115 acres and forced evacuations.

News > Business

Analysts: Hydro One shakeup could threaten or delay Avista sale

UPDATED: Thu., July 12, 2018

Financial analysts say the political shakeup at Hydro One could threaten or delay Avista’s $5.3 billion sale to the Toronto-based utility.

News > Business

Hydro One CEO and board ousted in political shakeup

UPDATED: Wed., July 11, 2018

Hydro One’s chief executive officer was ousted Wednesday by Ontario’s new premier, and the utility’s entire board of directors submitted resignations.

News > Spokane

About 2,000 lose electricity in central Spokane

UPDATED: Mon., July 2, 2018

About 2,000 customers – including Shriners Hospitals for Children – were without power for several hours Monday after an Avista Utilities power line went down near Fifth Avenue and Walnut Street downtown.

News > Business

Avista golden share gives holder veto power over voluntary bankruptcy

UPDATED: Thu., June 28, 2018

A “golden share” sounds like something that belongs in a fairy tale, but it’s actually a financial term related to utility sales and mergers.

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Latest Video

News
Avista Sale: What’s next?
Thu., July 20, 2017

Latest Gallery

News
Washington Water Power’s history
Wed., July 19, 2017

Timelines

A brief history of Avista
Wed., July 19, 2017

Documents

WUTC rejection of application for Avista sale to Hydro One