SCE and three other companies file US$7.57 billion claim
The above value does not reflect a decision of the arbitration tribunal on the merits of the four companies’ claims, but is only the amount claimed by those companies as their combined damages. Mitsubishi disputes the validity of the claimed amount.
If there are any new matters which require disclosure, Mitsubishi will update the relevant information promptly.
Note 1. Mitsubishi Nuclear Energy Systems, Inc. is a wholly-owned subsidiary of MHI, and serves as MHI's nuclear power system business base in the U.S.
Note 2. SONGS is co-owned by SCE (78.2%), San Diego Gas & Electric (SDG&E) (20%), and City of Riverside (COR) (1.8%).
Note 3. In the "SDG&E and COR submitted pleadings to ICC" disclosed on July 22, 2014, MHI noted that the ICC approved joining of SDG&E and COR into the arbitration on June 16, 2014.