EDISON INTERNATIONAL

Southern California Edison (SCE), a subsidiary of Edison International (EIX), plans to invest $860M-$925M in wildfire mitigation infrastructure upgrades, including undergrounding power lines [1]. While facing potential involvement in the Eaton Fire and shareholder activism regarding executive compensation [1], [4], EIX demonstrates robust sales growth projections (2.2% for 2025) [2], [3] and attractive valuations, including a low forward P/E ratio [5], [6], [9]. Despite strong earnings and positive long-term growth potential [10], EIX's stock price has declined recently, partially due to broader market downturns and legal battles related to wildfires [4], [7], [10]. Director Jennifer Granholm recently acquired deferred stock units [11].