Edison International

Driving Sustainable Transportation: ACT Expo Unveils Impressive Speaker Lineup for 13th Annual Event

Retrieved on: 
Friday, March 8, 2024

SANTA MONICA, Calif., March 08, 2024 (GLOBE NEWSWIRE) -- Organizers of the Advanced Clean Transportation (ACT) Expo , the largest clean advanced commercial vehicle technology event, announced its roster of confirmed speakers for the 13th annual fleet-focused event.

Key Points: 
  • SANTA MONICA, Calif., March 08, 2024 (GLOBE NEWSWIRE) -- Organizers of the Advanced Clean Transportation (ACT) Expo , the largest clean advanced commercial vehicle technology event, announced its roster of confirmed speakers for the 13th annual fleet-focused event.
  • The massive expo hall – twice the size of last year – will highlight more than 350 exhibitors and sponsors displaying more than 200 advanced commercial vehicles.
  • The expo hall will highlight more than 350 exhibitors and sponsors displaying new, advanced commercial vehicle technologies.
  • The 2023 event drew more than 12,000 attendees, with participation this year forecasted to significantly increase based on early registration numbers.

Want an Exciting Career? Edison International Accepting Applications for Lineworker Scholarship Program Designed to Strengthen a Diverse Workforce

Retrieved on: 
Thursday, March 7, 2024

Applications for scholarships up to $25,000 are now being accepted for the 2024 Edison International Lineworker Scholarship Program .

Key Points: 
  • Applications for scholarships up to $25,000 are now being accepted for the 2024 Edison International Lineworker Scholarship Program .
  • Funded by Edison International shareholders and IBEW Local 47, this scholarship is focused on growing Black, Asian Pacific Islander, Native American and female representation in Southern California Edison’s skilled workforce.
  • “The Lineworker Scholarship Program opens the door to a rewarding and enriching career.”
    Launched in 2021, the program has awarded over 35 scholarships and has enhanced representation among the SCE skilled trade workforce.
  • SCE serves one of the country’s most diverse populations and strives to have a workforce that reflects the communities it serves.

AiDash Extends its Series C Funding Round, Adds Duke Energy as a Strategic Investor

Retrieved on: 
Wednesday, February 28, 2024

AiDash , an enterprise SaaS company making critical infrastructure industries climate resilient and sustainable with satellites and AI, today announced that it received a strategic investment from Duke Investments, LLC, a wholly owned subsidiary of Duke Energy (NYSE: DUK).

Key Points: 
  • AiDash , an enterprise SaaS company making critical infrastructure industries climate resilient and sustainable with satellites and AI, today announced that it received a strategic investment from Duke Investments, LLC, a wholly owned subsidiary of Duke Energy (NYSE: DUK).
  • These funds will be rolled into the company’s recently announced $50 million Series C funding round .
  • Duke Investments participated in the round after seeing how closely its investment priorities align with AiDash’s technology and vision for the future.
  • “With this additional strategic funding, we look forward to building on our existing relationship with Duke Energy to make an even greater impact.”
    To learn more about all the ways in which AiDash is supporting climate resiliency and sustainability, please visit www.aidash.com .

Edison International, Southern California Edison Declare Dividends

Retrieved on: 
Thursday, February 22, 2024

The board of directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.78 per share, to be paid on April 30, 2024, to shareholders of record on March 28, 2024.

Key Points: 
  • The board of directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.78 per share, to be paid on April 30, 2024, to shareholders of record on March 28, 2024.
  • The Edison International board of directors also declared the following dividends, payable on March 15, 2024, to holders of record on March 1, 2024:
    A semiannual dividend of $26.875 per share on the 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series A
    A semiannual dividend of $25.00 per share on the 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B
    Additionally, the board of directors of Southern California Edison today declared the following dividends:
    A quarterly dividend on the Series G preference stock, which would result in a distribution of $0.31875 per security on SCE Trust II’s 5.10% Trust Preference Securities
    A quarterly dividend on the Series H preference stock, which would result in a distribution of $0.359375 per security on SCE Trust III’s 5.75% Trust Preference Securities
    A quarterly dividend on the Series J preference stock, which would result in a distribution of $0.3359375 per security on SCE Trust IV’s 5.375% Trust Preference Securities
    A quarterly dividend on the Series K preference stock, which would result in a distribution of $0.340625 per security on SCE Trust V’s 5.45% Trust Preference Securities
    A quarterly dividend on the Series L preference stock, which would result in a distribution of $0.3125 per security on SCE Trust VI’s 5.00% Trust Preference Securities
    A quarterly dividend on the Series M preference stock, which would result in a distribution of $0.58854167 per security on SCE Trust VII’s 7.50% Trust Preference Securities
    Each of these dividends is to be paid on March 15, 2024, to holders of record on March 14, 2024.
  • The SCE board also declared a quarterly dividend on the Series E preference stock of $24.4176 per share to be paid on May 1, 2024, to holders of record on April 5, 2024.

Edison International Reports Fourth-Quarter and Full-Year 2023 Results

Retrieved on: 
Thursday, February 22, 2024

Edison International Parent and Other’s fourth-quarter 2023 core loss per share decreased year over year, primarily due to gains on preferred stock repurchases.

Key Points: 
  • Edison International Parent and Other’s fourth-quarter 2023 core loss per share decreased year over year, primarily due to gains on preferred stock repurchases.
  • “Delivering core EPS above the midpoint of our guidance range demonstrates our ability to successfully manage variability in the business,” said Pedro J. Pizarro, president and CEO of Edison International.
  • “Our 2023 annual dividend increase of 5.8% reflects the board and management’s continued commitment to delivering on our EPS growth targets.
  • Edison International Parent and Other’s full-year loss per share increased primarily due to higher interest expense, partially offset by gains on preferred stock repurchases.

Bill Gates to Address CERAWeek by S&P Global in Houston, March 18-22

Retrieved on: 
Wednesday, March 6, 2024

HOUSTON, March 6, 2024 /PRNewswire/ -- Bill Gates will be among the speakers at the 42nd annual CERAWeek by S&P Global, March 18-22 in Houston.

Key Points: 
  • The week-long event will also include the CERAWeek Innovation Agora , serving as the center of technology and innovation programming at the conference.
  • The 2024 program will also feature expanded " Agora Hubs "—dedicated areas focused on climate, hydrogen and carbon.
  • Members of the media interested in covering CERAWeek 2024 are required to apply for accreditation.
  • Applications are subject to approval and can be submitted at the following link: https://reg.spglobal.com/flow/spglobal/ceraweek24/mediareg/login

US Secretary of Energy Jennifer M. Granholm to Address CERAWeek by S&P Global in Houston, March 18-22

Retrieved on: 
Wednesday, February 28, 2024

HOUSTON, Feb. 28, 2024 /PRNewswire/ -- U.S. Secretary of Energy Jennifer M. Granholm will deliver a plenary address to delegates at the 42nd annual CERAWeek by S&P Global, March 18-22 in Houston.

Key Points: 
  • The week-long event will also include the CERAWeek Innovation Agora , serving as the center of technology and innovation programming at the conference.
  • The 2024 program will also feature expanded " Agora Hubs "—dedicated areas focused on climate, hydrogen and carbon.
  • Members of the media interested in covering CERAWeek 2024 are required to apply for accreditation.
  • Applications are subject to approval and can be submitted at the following link: https://reg.spglobal.com/flow/spglobal/ceraweek24/mediareg/login

CERAWeek by S&P Global 2024 to Convene Energy CEOs, Government Officials and Business and Technology Leaders in Houston, March 18-22

Retrieved on: 
Monday, February 26, 2024

HOUSTON, Feb. 26, 2024  /PRNewswire/ -- The 42nd annual gathering of CERAWeek by S&P Global—the world's preeminent energy conference—will convene energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities, March 18-22 in Houston.

Key Points: 
  • Learn more at www.ceraweek.com
    HOUSTON, Feb. 26, 2024 /PRNewswire/ -- The 42nd annual gathering of CERAWeek by S&P Global—the world's preeminent energy conference—will convene energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities, March 18-22 in Houston.
  • "The increasing focus on energy transition following COP28 coincides with a growing realization of just how complex the road ahead will be," said Yergin.
  • Meeting those challenges, and realizing the promise, of the new energy future will be the focus of the world's energy leaders at CERAWeek 2024 in Houston."
  • The CERAWeek 2024 conference program will explore key themes related to:
    Energy Markets – How will supply and demand balance in a world of uncertainty?

AiDash Raises $50 Million to Safeguard Critical Infrastructure From Climate Change-related Threats

Retrieved on: 
Tuesday, January 23, 2024

AiDash , an enterprise SaaS company making critical infrastructure industries climate-resilient and more sustainable with satellites and AI, today announced that it received $50 million in funding, bringing the total raised to date to $83 million.

Key Points: 
  • AiDash , an enterprise SaaS company making critical infrastructure industries climate-resilient and more sustainable with satellites and AI, today announced that it received $50 million in funding, bringing the total raised to date to $83 million.
  • Funds will be used to fuel growth as AiDash anticipates nearly doubling its team of 300 over the next two years.
  • “Our aging infrastructure is breaking under the strain of environmental change, putting lives at risk,” said Abhishek Singh, Co-founder and CEO of AiDash.
  • To learn more about all the ways in which AiDash is supporting climate resiliency and sustainability, please visit www.aidash.com .

Edison International Raises Common Stock Dividend 5.8%; 20th Consecutive Annual Increase

Retrieved on: 
Thursday, December 14, 2023

Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.78 per share, payable on Jan. 31, 2024, to shareholders of record on Dec. 29, 2023.

Key Points: 
  • Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.78 per share, payable on Jan. 31, 2024, to shareholders of record on Dec. 29, 2023.
  • This action increases the annual dividend by $0.17 per share.
  • The 2024 annual dividend rate will be $3.12 per share, an increase of 5.8% from the current annual dividend rate of $2.95 per share.
  • This marks the 20th consecutive annual increase in Edison International’s dividend, which delivers an attractive yield and remains a key component of the company’s total return proposition,” said Pedro J. Pizarro, president and CEO of Edison International.