Bay Street News

California Utility SCE Lays Out Five-Year, $23.4 Billion Capital Program, an Industrial Info News Alert

SUGAR LAND, TX–(Marketwired – Oct 20, 2016) – Written by John Egan for Industrial Info Resources (Sugar Land, Texas) — Southern California Edison (SCE) (Rosemead, California), the electric utility unit of Edison International (NYSE:EIX) (Rosemead, California), unveiled its proposed five-year, $23.4 billion capital program in a business update presentation to investors last month. The utility’s proposed 2016-2020 capital budget represents a $4.2 billion increase over the utility’s capital spending for the 2011-2015 period.

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