Vancouver, British Columbia--(Newsfile Corp. - September 4, 2025) - AISIX Solutions Inc. (TSXV: AISX) (the "Company" or "AISIX Solutions"), a wildfire risk assessment and analytics solutions provider, is pleased to announce that it has entered into an amendment (the "Amending Agreement") to the previously announced loan agreement on January 24, 2025 with respect to a short-term loan in principal amount of $430,000 (the "Loan") with 1821 Capital Corp. (the "Lender"). Details of the Loan and the ExtensionThe ...

Financial Performance - Oncor reported a net income of $259 million for Q2 2025, an increase from $251 million in Q2 2024, driven by higher revenues from updated interim rates and customer growth [1][2] - For the first half of 2025, net income was $440 million, down from $476 million in the same period of 2024, primarily due to increased interest and depreciation expenses [2][3] Operational Highlights - Oncor is executing a record $7.1 billion annual capital expenditure plan for 2025, focusing on system resiliency and wildfire risk mitigation [3] - The company upgraded approximately 590 circuit miles of transmission and distribution lines in Q2 2025, reflecting ongoing growth in Texas [5] Legislative and Regulatory Developments - Texas House Bill 5247 allows Oncor to record costs related to capital investments and apply for interim rate adjustments, which is expected to benefit both the company and its customers [8][9] - Oncor filed a comprehensive base rate review request with the Public Utility Commission of Texas (PUCT) to adjust electric delivery rates, with a decision expected in Q1 2026 [11] Capital Expenditure and Future Plans - Oncor anticipates that its capital expenditures for the 2025-2029 period could exceed $12 billion, with an updated five-year capital plan to be presented in October 2025 [6][7] - The company is actively involved in the Electric Reliability Council of Texas (ERCOT) Strategic Transmission Expansion Plan, with joint filings outlining approximately $10 billion in projects [4] Liquidity and Credit Position - As of August 6, 2025, Oncor's available liquidity was approximately $3.9 billion, sufficient to meet capital expenditures and operational needs for at least the next twelve months [12] - S&P Global Ratings downgraded Oncor's issuer credit rating from "A" to "A-", citing elevated wildfire risks, but revised the outlook to stable [13] Customer and Market Growth - Oncor's active large commercial and industrial interconnection queue increased by approximately 38% year-over-year, indicating strong industrial growth within its service territory [5] - Total electric energy volumes increased by 4.7% in Q2 2025 compared to Q2 2024, driven by higher consumption in commercial and industrial sectors [23]

Core Insights - Willis, a WTW business, has announced a collaboration with the University of East Anglia (UEA) to enhance understanding of global wildfire risk, addressing the increasing severity and unpredictability of wildfires that now rival losses from other natural disasters [1][2] Group 1: Wildfire Risk and Impact - Wildfires have become larger and more destructive due to shifting climate conditions, expanding fire-prone areas, and urban growth, leading to significant insured losses, such as US$1.5 billion during Australia's Black Summer bushfires in 2019-20 and US$40 billion from the recent Palisades and Eaton fires in Los Angeles [2] - The partnership aims to help the insurance sector understand the evolving nature of wildfire risk, including changes in frequency, intensity, and geography, as well as the increasing threat of urban fires [3] Group 2: Research and Insights - Dr. Matthew Jones co-leads the State of Wildfires Report, which evaluates extreme wildfire events and future risks under climate change, while identifying opportunities for risk minimization through climate action and land management [4] - The collaboration seeks to provide robust insights that assist insurers in managing wildfire risks effectively, emphasizing the need for better prediction systems and fire prevention strategies [5] Group 3: Organizational Background - WTW provides data-driven solutions in risk management, serving clients in 140 countries, and aims to enhance organizational resilience and performance [6] - The University of East Anglia is recognized for its research quality and impact on sustainable development, being a leading member of Norwich Research Park, which focuses on environmental and health research [7]