Stock Symbol: EIX
2244 Walnut Grove Avenue
Edison International Industry:
Edison International Description:
Edison International is a premier international electric power generator, distributor, and structured finance provider. Edisonís family of companies develops, acquires, finances, owns, operates and maintains reliable and efficient power systems around the world.
Edison International Financial Summary:
EIX is a holding co. for Southern CA Edison, Co. (public utility), Edison Mission (operates electric power generation facilities), Edison Capital (capital & financial serv.), & Edison Enterprises. For the 6 months ended 6/05, revenues rose 9% to $5.09B. Net income from cont. ops. & before acct. change totalled $375M vs. a loss of $347M. Results reflect an increase in electric utility revenue and a decreased in purchased power expense.
Edison International Business Summary:
Edison International is a holding company that, through its subsidiaries, operates in three business segments: an electric utility operation segment, a non-utility power generation segment and a financial services provider segment. In the electric utility operation segment, the Company operates through Southern California Edison Company (SCE). In the non-utility power generation segment, it operates through Edison Mission Energy (EME). In the financial services provider segment the Company operates through Edison Capital. SCE is a California public utility corporation. Edison Capital has investments in energy and infrastructure projects worldwide and in affordable housing projects located throughout the United States. EME is an independent power producer engaged in the business of owning or leasing, operating and selling energy and capacity from electric power generation facilities, and also conducts price risk management and energy trading activities in power markets.