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Shares of embattled utility Hawaiian Electric (NYSE: HE) fell 35.2% in August, according to data from S&P Global Market Intelligence.. The electric utility was hit late last year by the tragic ...
In the weeks since the fires — which killed at least 115 people and left an unknown number of others missing — broke out, Hawaiian Electric Industries Inc.'s market capitalization has fallen ...
Hawaiian Electric is still reeling from the fallout of the disastrous wildfires of August 2023, which claimed 100 lives and caused about $5.5 billion in damages, according to the U.S. Fire ...
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Hawaiian Electric Industries’ stock plummeted more than 30% Tuesday after S&P Global downgraded the company’s credit rating to junk.
Hawaii's largest electrical utility is maintaining financial stability in the face of still-growing legal claims and recovery expenses from the Aug. 8 Maui wildfire disaster. Hawaiian Electric on ...
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The parent company of Hawaii’s largest electrical utility might sell up to $825 million in new stock, partly to help fund a pending settlement of claims over 2023’s Maui wildfire disaster.