The catastrophic wildfires in Los Angeles County have rocked the stock of Edison International, the parent company of Southern California Edison.
Southern California Edison, a unit of utility firm Edison International, on Monday was sued on claims that its electrical equipment started one of the major wildfires raging in the Los Angeles area, according to court filings.
Edison International — the parent company of the utility Southern California Edison — has seen its stock remain under pressure as lawsuits begin over its potential role in the fires that have ravaged parts of Southern California.
The Eaton Fire in central Los Angeles County poses a potential credit risk to power provider Southern California Edison, which operates electrical lines in the area where the destructive blaze first started,
Southern California Edison, a unit of Edison International and one of the largest electric utility companies in all of California, said Sunday that it filed two electric safety incident reports ...
Edison International's wildfire mitigation plan update approved by CPUC, but Moody's warns of potential credit risk from Eaton Fire in LA County.
Edison International stock fell nearly 13% Wednesday after the company shut off power to tens of thousands of customers in Southern California as wildfires blazed through the region.
Southern California Edison and its predecessor companies have been powering the lives of Angelenos going back to late 1880s, just a few years after Thomas
The Eaton Fire began in Southern California Edison’s service area on Tuesday afternoon, according to a statement from parent company Edison International.
Six named wildfires started burning on Jan. 7-8 in and around highly populated areas of Edison International’s ... either from insurers or through California’s wildfire insurance fund.
Edison International's primary subsidiary, Southern California Edison, has a service territory monopoly and efficient scale advantages that are the primary sources of Edison International's narrow economic moat. Edison is one of the few US utilities that has no direct fossil fuel or energy market exposure.
The Southern California Edison CEO's justification for not cutting power in the transmission lines suspected of sparking the Eaton fire are hard to believe.