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Will Southern California Edison's $1.7 billion settlement agreement be approved by end of 2024?
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Resolution / Starting Odds
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Official announcement from California Public Utilities Commission
Story
Edison International Seeks $1.7 Billion Recovery for Wildfire Losses
Aug 29, 2024, 04:34 PM
Southern California Edison, a unit of Edison International, is seeking approval for a settlement agreement to recover nearly $1.7 billion in losses from wildfires and mudslides in 2017 and 2018. The utility aims to recover nearly 60% of these losses. Following the announcement of a tentative agreement with state officials, Edison International's shares reached an all-time high.
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Settlement finalized • 25%
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Settlement amount changed • 25%
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