Hawaii PUC approves Hawaiian Electric's $250M accounts receivable credit facility

HAWAIIAN ELECTRIC INDUSTRIES INC

Approval for asset-based lending facility up to $250M revolving using receivables as collateral.
Decision and Order No. 40866 issued June 27, 2024 on expedited schedule requested by Hawaiian Electric.
Facility provides additional liquidity flexibility amid Maui wildfire litigation impacts.
HEI CEO notes common utility tool to support safety, resilience, and reliability operations.

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