Edison International
American public utility holding company
From Wikipedia, the free encyclopedia
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.
 | |
| Company type | Public |
|---|---|
| Industry | Public Utility |
| Founded | 1886 |
| Headquarters | , U.S. |
Key people | Pedro J. Pizarro (President and CEO) |
| Products | electricity, energy solutions |
| Revenue |
|
| |
| |
| Total assets |
|
Number of employees |
|
| Subsidiaries | S.California Edison (SCE) Edison Energy |
| Website | edison |
History
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]
