Edison Says It Found No Issues on Lines Near Eaton Fire in LA

Edison International Chief Executive Officer Pedro Pizarro said the utility did not detect any electrical issues on a transmission line near the start of the deadly Eaton fire in the Los Angeles area.

“We have not seen in our telemetry any indication of an electrical anomaly,” Pizarro said during an interview Monday on Bloomberg Television. “Typically, when you have a fire across infrastructure, you see voltage dropping. We have not seen that in our study.”

Edison shares have fallen 26% since the Los Angeles wildfires erupted Jan. 8, resulting in a nearly $8 billion decline in the company’s ...