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Former Xcel CEO Kelly Succeeds Bryson As Board Chairman At BrightSource

DOW JONES NEWSWIRES Former Xcel Energy Inc. (XEL) Chief Executive Richard Kelly has joined the board of California solar-power developer BrightSource Energy Inc. as chairman, succeeding John Bryson, the company said Wednesday. Kelly retired last year from Minneapolis-based Xcel, which operates utilities in Minnesota, Colorado and other states. Bryson was chairman of BrightSource's board before President Barack Obama tapped him last year to become Secretary of Commerce. Bryson was chairman and chief executive of Edison International (EIX) until 2008, when he retired. Kelly said he was "extremely excited" to join BrightSource, adding that he sees the company as "uniquely positioned" to meet increasing global demand for clean energy. BrightSource obtained a $1.6 billion govenment-loan guarantee last year to help finance construction of a 390-megawatt solar-thermal power plant in the California desert. The privately held company plans to build additional solar-power plants to supply California utilities owned by Edison and PG&E Corp. (PCG). BrightSource backers include VantagePoint Capital Partners, Morgan Stanley (MS), BP PLC (BP.LN, BP), Chevron Corp. (CVX) and Google Inc. (GOOG), among others. -By Cassandra Sweet, Dow Jones Newswires; 415-439-6468; cassandra.sweet@dowjones.com

Stock News for Edison (EIX)
DateTimeHeadline
07/31/201516:33:46Current Report Filing (8-k)
07/31/201510:00:12U.S. Hot Stocks: Hot Stocks to Watch
07/31/201509:44:26U.S. Hot Stocks: Hot Stocks to Watch
07/30/201516:53:29Edison International Core Earnings Rise, Helped by Tax Benefits
07/30/201516:10:36Quarterly Report (10-q)
07/30/201516:04:30Current Report Filing (8-k)
07/30/201516:01:00Edison International Reports Second Quarter 2015 Results
07/30/201514:05:00SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders...
07/24/201519:47:00Lifshitz & Miller Law Firm Announces Investigation of Celladon...
07/24/201513:00:00SCE Seeks an Additional 104.8 Megawatts of Renewable Power
07/20/201514:21:00SHAREHOLDER ALERT: Brower Piven Encourages Investors Who Have...
07/17/201516:19:00TRADING ALERT: The Rosen Law Firm Reminds Edison International...
07/17/201512:47:33Current Report Filing (8-k)
07/15/201512:22:00Edison International, Inc. Shareholder Alert: Former SEC Attorney...
07/11/201500:17:00INVESTOR ALERT: Goldberg Law PC Announces An Investigation Of...
07/10/201513:00:00SCE Seeks Additional Emissions-Free Energy
07/08/201519:41:00SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces A Securities...
07/07/201515:29:00EQUITY ALERT: The Rosen Law Firm Announces the Filing of a Securities...
07/07/201515:00:00Harwood Feffer LLP Announces Investigation of Edison International
07/07/201513:11:00Bernstein Liebhard LLP Announces That A Class Action Has Been...

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