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Hawaiian Electric Industries, Inc. (HEI) is the largest supplier of electricity in the U.S. state of Hawaii, supplying power to 95% of Hawaii's population through its electric utilities: Hawaiian Electric Company serving Oahu, Hawai'i Electric Light Company serving The Big Island, and Maui Electric Company serving Maui, Lanai and Molakai.
The 2023 financial results for Hawaiian Electric excluded $10.9 million in Maui wildfire recovery expenses that were deferred for accounting purposes, and the company faces future costs for ...
Hawaiian Electric is a for-profit, investor-owned, publicly traded utility that serves 95% of Hawaii’s electric customers. It is also facing several lawsuits from Lahaina residents as well as ...
Hawaiian Electric has shared a glimpse of expenses from the Aug. 8 Maui wildfires while vowing to vigorously contest litigation blaming the company for the disaster. The utility and its parent ...
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.
The settlement calls for the the utility and its parent Hawaiian Electric Industries to pay $1.99 billion which includes $75 million already contributed to the One Ohana Initiative - a fund that ...
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