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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 ...
Hawaiian Electric Industries’ stock plummeted more than 30% Tuesday after S&P Global downgraded the company’s credit rating to junk.
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 ...
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 ...
If the settlement is terminated and litigation drags out, Green said it could lead to the bankruptcy of Hawaiian Electric and Maui County. Under the tentative $4.037 billion deal, Hawaiian ...
Hawaiian Electric on Tuesday reported fourth-quarter and full-year net income in 2023 topping figures in 2022, which helped its parent company achieve strong but reduced profit in the same ...
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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.