Low-cost Hawaii utility wildfire prevention legislation is short-circuited [Yahoo! Finance]
Hawaiian Electric Industries, Inc. (HE)
Last hawaiian electric industries, inc. earnings: 11/1 06:00 am
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Source: Yahoo! Finance
Get unlimited access From as low as $12.95 /mo. A bill to help Hawaii electrical utilities pay for statewide wildfire prevention using low-cost financing has been killed at the state Legislature. Sen. Jarrett Keohokalole, Senate chair of a conference committee considering a compromise draft on the legislation with House counterparts, deferred any further action on Senate Bill 2922. The deferral came Thursday after strongly favorable votes in the Senate and House on differing drafts of the bill in March and earlier this month. A conference committee was formed to discuss a possible final draft of the bill, but some senators were unwilling to do so. "After careful consideration and consultation with my colleagues, I'm going to recommend that we defer this bill," said Keohokalole (D, Kaneohe-Kailua). "This decision was not made lightly, and I understand that it may come as a disappointment to many of those who worked tirelessly to advocate for its passage." Rep. Linda Ichi
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News
- Hawaiian Electric Industries, Inc. (NYSE: HE) had its price target raised by analysts at Wells Fargo & Company from $8.50 to $9.00. They now have an "underweight" rating on the stock.MarketBeat
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HE
Earnings
- 11/9/23 - Beat
HE
Sec Filings
- 5/15/24 - Form 8-K
- 5/10/24 - Form 8-K
- 5/10/24 - Form 10-Q
- HE's page on the SEC website