Home Stocks Edison sinks as Trump administration cancels planned California grid upgrade grant (EIX:NYSE)

Edison sinks as Trump administration cancels planned California grid upgrade grant (EIX:NYSE)

by Deidre Salcido
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Edison International (NYSE:EIX) -4% in early trading Thursday as Southern California Edison’s $600 million federal grant awarded last year to upgrade 100 miles of electric transmission lines will have its funding cut.

The grid upgrade is one of 223 climate-related

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