Washington Water Power Co. - 1957 dated $1,000 Utility Bond

$1,000 4 7/8% Bond printed by American Bank Note Co. Coupons attached at right of bond. 

Avista Corporation, an American energy company, generates and transmits electricity and distributes natural gas to residential, commercial, and industrial customers. With approximately 1,550 employees, the company serves 359,000 electric and 320,000 natural gas customers across three western states: eastern Washington, northern Idaho, and parts of southern and eastern Oregon. This service territory spans 30,000 square miles and has a population of 1.5 million.

Avista Utilities is the regulated business unit of Avista Corp., an investor-owned utility headquartered in Spokane, Washington. Avista Corp.’s primary, non-utility subsidiary was Ecova, an energy and sustainability management company. Ecova had over 700 expense management customers and managed more than 600,000 sites. In 2014, Ecova was acquired by Cofely, a subsidiary of GDF Suez.

The company’s history dates back to 1889 when it was founded as Washington Water Power Company. In 1999, the board of directors approved a name change to Avista Corporation, and the company officially began trading under the Avista name on January 4, 1999. At that time, Avista also acquired the naming rights for Spokane’s minor league baseball park, Avista Stadium.