Hawaiian Electric Strikes Out at Maui County Over Blame for Fire [BNN Bloomberg (Canada)]
Hawaiian Electric Industries, Inc. (HE)
Last hawaiian electric industries, inc. earnings: 11/1 06:00 am
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Source: BNN Bloomberg
The embattled utility alleged in a counter-suit Friday in Hawaii state court that the local government caused the catastrophe by neglecting overgrown vegetation, failing to properly plan for an emergency and “by fumbling the emergency response” to the Aug. 8 blaze. State and federal investigators have yet to determine what caused the fire that killed 101 people and caused more than $5.5 billion in damages. Hawaiian Electric has acknowledged that its equipment started a small blaze near the town on the morning of the fire, but it says firefighters who reported extinguishing the blaze abandoned the site, where another fire ignited in the afternoon and quickly spread into Lahaina. Read More: Maui Fire Officials Defend Response to Deadly Lahaina Blaze “If the second fire was a rekindling of the Morning Fire, that was the direct result of the County's lack of preparedness, poor emergency process, and deliberate, reckless decision to leave the vicinity of the first fire,” lawyers f
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News
- Hawaiian Electric Industries, Inc. (NYSE: HE) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Ameresco to Celebrate the Commercial Operations of Kupono Solar at Joint Base Pearl Harbor-Hickam [Yahoo! Finance]Yahoo! Finance
- Hawaii authorizes power cuts in high-risk weather conditions after Maui fire disaster [CNN]CNN
- Hawaii authorizes power cuts in high-risk weather conditions after Maui fire disaster [CNN]CNN
- Banks agree to lend Hawaiian Electric $250M [Yahoo! Finance]Yahoo! Finance
HE
Earnings
- 11/9/23 - Beat
HE
Sec Filings
- 5/29/24 - Form 4
- 5/23/24 - Form 8-K
- 5/15/24 - Form 8-K
- HE's page on the SEC website