Hawaiian Electric's stock surged by more than 44% during Monday's trading session as the utility released an update on its response to the deadly Maui wildfires and pushed back on a lawsuit.
Hawaiian Electric said in the release it has records that show its lines were de-energized hours before the afternoon fire and that it has notified investigators about the availability of those records. It added that the company’s crew members were on the scene at the site of the morning fire to make repairs before 3 p.m., when they reported to authorities a small fire in a field near a school.
"Our hearts and hands are with the people of Lahaina and Maui," Kimura said in Sunday’s post. "Hawaii has thrived on the collective strength and unity of our community, and we need to embrace that spirit now more than ever. There are important lessons to be learned from this tragedy by all of us collectively, and we are resolved to figure out what we need to do to keep our communities safe as climate issues rapidly intensify here and around the globe.
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