MONDAY AGGREGATE: Stipulation Charts a Course for $1.951 Billion Woolsey Fire Securitization

Today's top item is a joint stipulation between SCE and Cal Advocates in A.26-01-007, where Edison seeks authority to issue $1.951 billion in recovery bonds to finance costs related to the 2018 Woolsey Fire. The stipulation resolves all contested issues in the proceeding.

On the Sempra front, SDG&E filed an application for authority to issue up to $2.583 billion in new long-term debt and $1.348 billion in additional roll-over debt authority for 2027–2029.

Additional items of note include:

• A ruling in the SGIP docket establishing new cost-verification requirements for SGIP Residential Solar and Storage Equity projects;
• A California Resources Production Corporation application for rehearing of a CPUC decision last month (D.26-02-003); and
• A SoCalGas request for expedited approval of two interstate natural gas capacity contract renewals with El Paso Natural Gas Company.