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| Home : Avista Corp. Closes Sale of Ecova, Inc. to Cofely USA Inc. |
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Jul 01
2014 |
Avista Corp. Closes Sale of Ecova, Inc. to Cofely USA Inc. |
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SPOKANE, WA--(Marketwired - July 01, 2014) - Avista Corp. (NYSE: AVA) today announced that its non-regulated subsidiary, Avista Capital, has closed on its sale of Ecova, Inc. to Cofely USA Inc., an indirect subsidiary of GDF SUEZ, a French multinational utility company. The sale price was $335 million in cash, less the payment of debt and other customary closing adjustments. |
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| Source:http://www.marketwired.com/mw/release.do?id=1926000&sourceType=3 |
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