"Why Hawaiian Electric Industries, Inc. (HE) Went Up on Friday"

BOOM! Hawaiian Electric Industries, Inc. (HE) stock is ON FIRE! The stock surged on Friday, and you need to know why. This isn't just a blip; it's a clear signal that HE is back in the game, and you don't want to miss out on this opportunity. Let's dive in and see what's driving this surge.

First and foremost, the Maui wildfire tort litigation has been a thorn in HE's side for far too long. But guess what? The company signed final settlement agreements in November 2024, and the Hawaii Supreme Court issued a critical decision on February 10, 2025. This decision paves the way for the final resolution of insurance company claims and the finalization of settlement agreements. BOO-YAH! This is a game-changer, folks. The court's ruling clarifies that once the settlement becomes final, insurers seeking to recover amounts paid to settling plaintiffs cannot separately sue defendants. This means HE is finally getting some much-needed clarity and reducing the risk of additional legal challenges and financial burdens.



But that's not all! HE has been bolstering its cash position and enhancing its wildfire safety measures. The company has replaced or upgraded 2,124 wood poles, replaced over 20 miles of overhead copper conductor with stronger aluminum conductor, and installed 53 weather stations in wildfire-prone areas. These actions are part of HE's grid hardening and redesign efforts, which aim to reduce the risk of ignition from utility equipment. This proactive approach to wildfire safety is a no-brainer and aligns with HE's strategic objectives and financial performance.

HE has also launched a Public Safety Power Shutoff program, deployed spotters in risk areas during hazardous weather conditions, and set circuit breakers to automatically shut off power in risk areas when a disturbance is detected. These operational practices demonstrate HE's commitment to proactive risk management and align with its strategic objectives of enhancing safety and reducing risk.

The company has also participated in more than 100 in-person and virtual public outreach events on Maui, Molokai, Oahu, and Hawaii Island. This engagement has helped to broaden the accessibility of information regarding critical wildfire safety issues, such as the PSPS program, and has likely fostered a more collaborative approach to wildfire safety.

HE's enhanced wildfire safety strategy, supported by substantial capital investments, has significantly improved the company's risk profile by reducing the likelihood of wildfire-related incidents. This, in turn, enhances the company's long-term growth prospects by fostering a safer and more resilient infrastructure.

So, what does this all mean for you? It means that HE is a stock you need to own. The company has made significant progress in resolving the Maui wildfire tort litigation, implementing enhanced wildfire safety measures, and aligning its actions with its strategic objectives and financial performance. These factors demonstrate HE's commitment to risk management, financial stability, and community engagement, which are crucial for investor confidence and long-term success.

Don't miss out on this opportunity, folks. HE is a stock that's on the rise, and you need to be a part of it. BUY NOW!