California governor proposes wildfire fund to boost utilities - WSJ [Seeking Alpha]
Edison International (EIX)
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Source: Seeking Alpha
California governor proposes wildfire fund to boost utilities - WSJ - Edison International (NYSE:EIX) | Seeking Alpha Energy California governor proposes wildfire fund to boost utilities - WSJ Jun. 21, 2019 6:44 PM ET | Edison International (EIX) Carl Surran Two possible models for a wildfire fund PCG SRE A proposal valued at $10.5B reportedly would be structured as a revolving loan funded by extending a surcharge on electricity bills and securitizing the revenue through state-issued bonds, while a $21B proposal would double the amount by including an insurance policy requiring a $10.5B contribution from the three utilities. SoCalEd and Sempra's San Diego Gas & Electric would choose which option they prefer, with PG&E bound by whatever they decided but excluded from the decision-making process, according to the report. PCG and EIX shares jumped yesterday Click to subscribe to real-time analytics on EIX Now read: Best-Performing Utility Stocks YTD - June 2019 » Subscribe
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News
- Edison International (NYSE: EIX) had its price target raised by analysts at Barclays PLC from $72.00 to $75.00. They now have an "equal weight" rating on the stock.MarketBeat
- Edison International (EIX) Q1 Earnings Top, Revenues Rise Y/Y [Yahoo! Finance]Yahoo! Finance
- UPDATE 1-Edison International posts Q1 loss on wildfire claims [Yahoo! Finance]Yahoo! Finance
- Edison International posts Q1 loss on wildfire claims [Yahoo! Finance]Yahoo! Finance
- Edison International Reports First-Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
EIX
Earnings
- 4/30/24 - Beat
EIX
Sec Filings
- 5/1/24 - Form 8-K
- 4/29/24 - Form 4
- 4/29/24 - Form 4
- EIX's page on the SEC website