Edison International CEO Says Utility Equipment Likely Linked to Eaton Fire

Edison International CEO Pedro Pizarro stated that utility equipment may be deemed the cause of the Eaton Fire, a deadly wildfire. Pizarro expressed uncertainty about the extent of losses from claims resulting from the fire. The company's CFO, Maria Rigatti, said that Edison doesn't expect to issue new debt or equity to cover losses. Edison can access the state's wildfire fund to pay claims.