Reported Earlier, Southern California Edison And Lotus Infrastructure Partners Selected By CAISO To Build Major Transmission Project Between San Diego And Orange Counties
Portfolio Pulse from Benzinga Newsdesk
Southern California Edison and Lotus Infrastructure Partners have been selected by CAISO to develop a major transmission project between San Diego and Orange Counties. The project will deliver energy from renewable sources to Southern California.
May 21, 2024 | 7:22 am
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POSITIVE IMPACT
Southern California Edison, a subsidiary of Edison International (EIX), has been selected by CAISO to develop a major transmission project in Southern California. This project will enhance the delivery of renewable energy in the region.
The selection of Southern California Edison for this major transmission project is likely to positively impact EIX's stock in the short term. The project aligns with the growing focus on renewable energy and infrastructure development, which could lead to increased revenues and positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100