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HEI and Hawaiian Electric face challenges with raising capital because of downgraded credit ratings and a downturn in HEI's stock price since the Maui disaster, which has fueled much speculation ...
Hawaiian Electric’s stock price took a hit in the wake of the wildfire but saw an uptick following the company’s statement. After trading at a low of $9.66 Friday, Hawaiian Electric’s stock ...
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 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 company's stock has lost more than half its value since the Aug. 8 wildfires that destroyed the coastal Maui town of Lahaina and killed at least 110 people, while hundreds of people remain ...
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 Industries’ stock plummeted more than 30% Tuesday after S&P Global downgraded the company’s credit rating to junk.
Hawaiian Electric’s stock tumbled to a 13-year low Monday morning, plummeting nearly 40% after a class action lawsuit filed over the weekend alleged that Maui’s devastating wildfires were ...