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Edison Warns California Wildfire Policy Delay Could Trigger Credit Downgrades
Key Takeaways
- Edison says California utilities could face credit downgrades without wildfire liability reforms this session.
- Southern California Edison is already rated BBB- by S&P, one step above non-investment grade.
- The utility has booked $1.6 billion in Eaton Fire settlement costs and says total claims exposure remains much larger.
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DT Editorial Team··via utilitydive.com