Avista operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities, and Alaska Electric Light and Power Company. The Avista Utilities segment generates, transmits, and distributes electricity, as well as distributes natural gas in eastern Washington, northern Idaho, northeastern and southwestern Oregon, and Montana. The Alaska Electric Light and Power Company segment owns and operates electric generation, transmission, and distribution facilities located in Juneau, Alaska. The Сompany also engages in the sheet metal fabrication of electronic enclosures, parts, and systems for the computer, construction, telecom, renewable energy, and medical industries; and investment of commercial and retail office space, as well as emerging technology venture capital funds.