Hawaiian Electric ‘Seeks Advice’ but Says Goal Not to Restructure. The Market Isn’t So Sure.

Singapore News News

Hawaiian Electric ‘Seeks Advice’ but Says Goal Not to Restructure. The Market Isn’t So Sure.
Singapore Singapore Latest News,Singapore Singapore Headlines

'We are seeking advice from various experts ... the goal is not to restructure the company but to endure as a financially strong utility,” the group said in...

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Hawaiian Electric, the utility provider accused of playing a role in starting devastating wildfires in Maui, Hawaii, has said that it is seeking advice but intends to endure as a financially strong utility. The market is skeptical.

The company didn’t respond to requests for comment from Barron’s but has told Bloomberg that it doesn’t have information on what caused the fires.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in SG
 

Singapore Singapore Latest News, Singapore Singapore Headlines



Render Time: 2025-01-13 23:36:20