California Fires: A Wake-Up Call for Utility Infrastructure Investment

As California grapples with the devastating aftermath of the recent wildfires, it's becoming increasingly clear that the state's utility infrastructure is in dire need of an upgrade. The fires, which have scorched thousands of acres and destroyed countless homes and businesses, have exposed significant vulnerabilities in the state's water supply and electrical systems. As investors, we must take note of these cracks in the utility infrastructure and consider how they may impact our portfolios.