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Shares of Hawaiian Electric Company’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
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. Maui County accused Hawaiian Electric of negligently failing to shut off power despite exceptionally high winds and dry conditions — saying that the destruction from the deadly Aug. 8 fires could have been avoided if the company had taken essential actions. Outrage towards Hawaiian Electric grew as witness accounts and video indicated that sparks from power lines ignited fires as utility po...
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. Maui County accused Hawaiian Electric of negligently failing to shut off power despite exceptionally high winds and dry conditions — saying that the destruction from the deadly Aug. 8 fires could have been avoided if the company had taken essential actions. Outrage towards Hawaiian Electric grew as witness accounts and video indicated that sparks from power lines ignited fires as utility po...
LAHAINA, Hawaii - The Hawaii power utility believed to have started the deadly Lahaina fire removed damaged power poles and other equipment from a key fire scene, potentially affecting evidence that is part of an official investigation into how the blaze ignited. Hawaiian Electric - which acted quickly to restore power on the island after Aug. 8 - hauled away fallen poles, power lines, transformers, conductors and other equipment from near a Lahaina substation starting around Aug. 12, documents
Shares of Hawaiian Electric Company'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.