NYSE:EIXElectric Utilities
Edison International Wildfire Payouts Reframe Risk And Value Story For Investors
Southern California Edison, a unit of Edison International (NYSE:EIX), has offered more than $500 million in compensation to victims of the Eaton Fire.
The payments are being provided through the utility's Wildfire Recovery Compensation Program as an alternative to traditional litigation.
The program has begun distributing funds to thousands of claimants within its first six months of operation.
Edison International, through Southern California Edison, operates as a regulated electric...