Edison Mission Energy (EME) is a holding company whose subsidiaries and affiliates are engaged in the business of developing, acquiring, owning or leasing, operating and selling energy and capacity from independent power production facilities. EME is headquartered in Santa Ana, California.
On December 17, 2012, Edison Mission Energy (EME) filed for relief under Chapter 11 of the United States Bankruptcy Code. EME was deconsolidated from Edison International (EIX) as of the filing date and EIX expects to report the results of EME as Discontinued Operations for current and prior periods. EIX has reached an agreement with EME and a majority of its noteholders that would transition EIX’s ownership to EME’s creditors upon approval of a plan of reorganization by the Bankruptcy Court.