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S&P Global downgraded Hawaiian Electric and all of its subsidiaries to BB-, after a class action lawsuit alleged that strong winds knocked over the electric company’s energized power lines ...
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 ...
Shares of Hawaiian Electric Industries tumbled more than 20% on Thursday following a report that the largest power provider in Hawaii could be considering restructuring as it faces an onslaught of ...
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 ...
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 ...
Shares of Hawaiian Electric Co.'s parent fell more than 18% by market close Friday, one day after the utility was sued by Maui County over the fires that devastated Lahaina earlier this month.
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 ...
Get unlimited access From as low as $12.95 /mo. Hawaiian Electric Industries Inc. announced Thursday that its utility subsidiary has secured a $250 million credit line subject to state regulatory ...