Tear Sheet: Edison International Actively Monitored Amid Significant Wildfires - S&P Global Ratings’ Credit Research

Tear Sheet: Edison International Actively Monitored Amid Significant Wildfires

Tear Sheet: Edison International Actively Monitored Amid Significant Wildfires - S&P Global Ratings’ Credit Research
Tear Sheet: Edison International Actively Monitored Amid Significant Wildfires
Published Jan 08, 2025
6 pages (2598 words) — Published Jan 08, 2025
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

On Jan. 7-8, 2025, several wildfires occurred across multiple counties around the Los Angeles area, exacerbated by high winds, and prompting Gov. Gavin Newsom to declare a state of emergency. The Palisades, Eaton, and Hurst fires have collectively burned over 5,500 acres according to the California Department of Forestry and Fire Protection (CalFire). In particular, the Palisades fire has resulted in nearly 3,000 acres burned, two fatalities, and over 1,000 structures damaged or destroyed. More than 10,000 structures remain threatened by the fire, and thousands have been evacuated because of the wildfire?s severity. The wildfires in and around the service territory of Edison International?s subsidiary, Southern California Edison (SCE), reflect SCE?s highly challenging operating environment because of climate change. As

  
Brief Excerpt:

...Rating Component Scores Foreign currency issuer credit rating ###/Stable/A-2 Local currency issuer credit rating ###/Stable/A-2 Business risk Strong Country risk Very Low Industry risk Very Low Competitive position Satisfactory Financial risk Significant Cash flow/leverage Significant Anchor ### Diversification/portfolio effect Neutral (no impact) Capital structure Neutral (no impact) Financial policy Neutral (no impact) Liquidity Adequate (no impact) Management and governance Neutral (no impact) Comparable rating analysis Neutral (no impact) Stand-alone credit profile ###...

  
Report Type:

Full Report

Ticker
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Tear Sheet: Edison International Actively Monitored Amid Significant Wildfires" Jan 08, 2025. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Tear-Sheet-Edison-International-Actively-Monitored-Amid-Significant-Wildfires-3306133>
  
APA:
S&P Global Ratings’ Credit Research. (). Tear Sheet: Edison International Actively Monitored Amid Significant Wildfires Jan 08, 2025. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Tear-Sheet-Edison-International-Actively-Monitored-Amid-Significant-Wildfires-3306133>
  
US$ 500.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.