Hawaii utilities focus on reducing wildfire risks [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
Hawaii's two regulated electrical utilities told a pair of state Senate committees Thursday that they are trying to do as much as possible as fast as possible with wildfire risk mitigation. For Hawaiian Electric, this includes spending $117 million this year on such work and seeking $450 million in federal matching grants to help fund $900 million in system improvement projects. For Kaua 'i Island Utility Cooperative, it includes using drones to inspect equipment and vegetation to address deficiencies as well as using sound waves and software to better inspect poles for integrity. The two companies were asked to brief members of the Senate Committee on Commerce and Consumer Protection and the Senate Committee on Public Safety and Intergovernmental and Military Affairs about wildfire mitigation efforts a little over eight months after the Aug. 8 Maui wildfires, which killed 101 people and destroyed most of Lahaina. Part of the purpose of the briefing also was to help lawmakers
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News
- American Savings Bank Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- American Savings Bank Reports First Quarter 2024 Financial ResultsBusiness Wire
- Low-cost Hawaii utility wildfire prevention legislation is short-circuited [Yahoo! Finance]Yahoo! Finance
- Hawaiian lawmakers abandon bill to securitize Hawaiian Electric fire costs [Seeking Alpha]Seeking Alpha
- Hawaiian Electric weighing sale of American Savings Bank, Bloomberg News reports [Reuters]Reuters
HE
Earnings
- 11/9/23 - Beat
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Analyst Actions
- 2/15/24 - Evercore ISI Group
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Sec Filings
- 4/30/24 - Form 8-K
- 4/10/24 - Form SC
- 3/29/24 - Form ARS
- HE's page on the SEC website