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Edison International Expands by Investing in Clean Energy and Growth Initiatives
Edison International (EIX) is heavily investing in upgrading its infrastructure and expanding its clean energy portfolio, including renewable sources and storage capabilities, to meet rising electricity demand driven by data centers and electrification. Despite these growth initiatives, the company faces significant risks from wildfire liabilities and its concentration in California’s economic and regulatory environment. EIX’s stock performance has notably outperformed the industry, and the article also highlights other utility stocks and the emerging opportunity in quantum computing.