Edison International

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Edison International
Company typePublic
IndustryPublic Utility
Founded1886; 140 years ago (1886)
Headquarters
Rosemead, California
,
U.S.
Key people
Pedro J. Pizarro (President and CEO)
Productselectricity, energy solutions
Revenue
  • Decrease US$16.338 billion (2023)
  • US$17.220 billion (2022)
  • Increase US$2.627 billion (2023)
  • US$1.483 billion (2022)
  • Increase US$1.407 billion (2023)
  • US$824 million (2022)
Total assets
  • Increase US$81.758 billion (2023)
  • US$78.041 billion (2022)
Number of employees
[1][2]
SubsidiariesS.California Edison (SCE)
Edison Energy
Websiteedison.com

Edison International is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and unregulated non-utility business assets Edison Energy. Edison's roots trace back to Holt & Knupps, a company founded in 1886 as a provider of street lights in Visalia, California.

History

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The company was first incorporated in 1909 as Southern California Edison Company after Southern California acquired the assets of Edison Electric Company; it was known as Southern California Edison until 1996, when it adopted its current name in recognition of its growing business abroad and in other industry sectors. Edison first became a holding company in 1988 when it made a small change to its original name, becoming known as SCEcorp.

Edison International acquired the naming rights for the Anaheim Angels' stadium (previously known as Anaheim Stadium) in 1998, in a deal running for 20 years. The company backed out of the naming rights deal after the 2003 season, and the stadium is now called Angel Stadium.[3]

In 2001, Edison's main holding, Southern California Edison, faced bankruptcy after a state senate bill regarding financial assistance came up short by $1 billion.[4]

References

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  • Official website
  • Business data for Edison International:

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