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Hawaiian Electric faces a going concern risk due to financing issues. The company has no current financing plan for a $1.99 billion settlement. Settlement payments will begin in mid-2025 after judicial review. HEI suspended its dividend amid the going concern statement. The total Maui wildfire settlement is $4 billion, impacting HE's financial stability.
- Hawaiian Electric faces a going concern risk due to financing issues.
- The company has no current financing plan for a $1.99 billion settlement.
- Settlement payments will begin in mid-2025 after judicial review.
- HEI suspended its dividend amid the going concern statement.
- The total Maui wildfire settlement is $4 billion, impacting HE's financial stability.
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