Edison Int'l Completes Acquisition Of SoCore Energy - Quick Facts

(RTTNews) - Edison Int'l (EIX) announced the completion of its acquisition of SoCore Energy, LLC, a distributed solar developer focused on commercial rooftop installations. Financial details of the transaction were not disclosed.

The company said SoCore Energy will become a wholly owned indirect subsidiary of Edison International and SoCore Energy's management team, employees and operations will continue to be based in Chicago.

Commenting on SoCore Energy, Edison said the company is responsible for executing one of the country's largest solar energy rollouts for drugstore chain Walgreens. Key clients also include IKEA, Kimco Realty, and the Simon Property Group.