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Southern California Edison, others reach settlement to recover $2 billion tied to wildfires

Investing.com•Friday, September 19, 2025 at 12:30:55 PM
PositiveFinancial Markets
Southern California Edison, others reach settlement to recover $2 billion tied to wildfires
Southern California Edison and several other utilities have reached a significant settlement to recover $2 billion related to the devastating wildfires that have impacted the region. This agreement is crucial as it not only addresses the financial burdens faced by these companies but also aims to enhance future wildfire prevention measures. The settlement reflects a collective effort to hold utilities accountable while ensuring that they can continue to operate and invest in safer infrastructure, ultimately benefiting the communities they serve.
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