KAHULUI–A critical transmission line that serves as a back-up route of power to approximately 11,000 customers in West Maui is now online after Hawaiian Electric rebuilt the line along former ...
the parent company of the utility Hawaiian Electric Company announced on Monday. According to the announcement, HEI intends to use the net proceeds to help fund its Maui wildfire tort litigation ...
Hawaiian Electric Industries Inc.’s stock is rallying by about 33% Friday after Bloomberg reported the company is near a ...
HONOLULU (HawaiiNewsNow) - Shares of Hawaiian Electric Industries Inc. fell 9% ... The company, seeking to raise cash for a Maui wildfire settlement, offered new shares worth $500 million, ...
Hawaiian Electric says power was shut off and an initial fire put out before a second blaze razed Lahaina. The county continues to blame the company. In a new lawsuit, Maui County said ...
The state has issued more than 30 information requests totaling nearly 200 questions to Hawaiian Electric as part of an ongoing investigation into the Aug. 8, 2023, Lahaina wildfire, which killed 102 ...
It should be noted that Hawaiian Electric's stock had soared in July, after it was reported that Maui County would take up a resolution to settle all claims against the defendants, the biggest ...
Proceeds from the offering are expected to fund the company's contribution to an expected Maui wildfire tort litigation settlement and for general corporate purposes, Hawaiian Electric said.
In the months since, thousands of Lahaina residents have sued various parties they believe to be at fault for the fire, including Hawaiian Electric, Maui County and the state of Hawaii.