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Hawaiian Electric keeps profit up, seeks financing as Maui wildfire costs loom

Hawaii’s largest electrical utility is maintaining financial stability in the face of still-growing legal claims and recovery expenses from the Aug. 8 Maui wildfire disaster. Hawaiian Electric on Tuesday reported fourth-quarter and full-year net income in 2023 topping figures in 2022, which helped its parent company achieve strong but reduced profit in the same comparable periods.

Source: Hawaii Tribune Herald

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