• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Fire agencies to investigate potential Edison link to LA Hurst fire

by January 11, 2025
written by January 11, 2025

(Reuters) – Fire agencies are investigating whether Southern California Edison’s utility infrastructure sparked a brush fire that is still burning in a Los Angeles suburb, SCE said Friday, adding no determination has been made.

SCE, a unit of U.S. utility Edison International (NYSE:EIX), said in a filing to its regulators that a downed conductor was discovered at a tower associated with its Eagle Rock – Sylmar 220 kV circuit.

“SCE does not know whether the damage observed occurred before or after the start of the fire,” the utility said.

SCE said preliminary information shows the circuit experienced a relay at 10:11 p.m. (0611 GMT) where the Hurst fire was reported around 10:10 p.m. on Jan. 7.

The Hurst fire, in Sylmar in the San Fernando Valley northwest of Los Angeles, has exceeded 770 acres and is now 77% contained, according to the California Department of Forestry and Fire Protection.

Edison International did not immediately respond to a request for comment made via the company website.

SCE on Thursday said it had received notices from insurance companies to preserve evidence related to the Eaton (NYSE:ETN) Fire that is still burning in Los Angeles, but said no fire agencies have linked the utility’s connection to the fire.

More than 10,000 structures have been destroyed by five fires raging in the area and nearly 30,000 acres have been burned.

Private forecaster AccuWeather has estimated the damage and economic loss at $135 billion to $150 billion, portending an arduous recovery and soaring homeowners’ insurance costs.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Vince McMahon settles with SEC over hush money agreements as civil assault case continues
next post
South Korea Jeju Air jet black boxes stopped recording 4 minutes before crash, ministry says

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!








    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • China outlines more controls on exports of rare earths and technology

      October 10, 2025
    • Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

      October 7, 2025
    • YouTube to pay $24 million to settle Trump lawsuit

      October 1, 2025
    • Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of aid startup

      October 1, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (651)
    • Stock (6,426)

    Latest News

    • China outlines more controls on exports of rare earths and technology
    • Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

    Popular News

    • Russia stocks higher at close of trade; MOEX Russia Index up 1.57%
    • TSX futures inch up ahead of Powell’s speech, US data

    About The Significant deals

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy