Hawaiian Electric to pay $1.91B in Maui wildfire settlement; 4 annual installments starting mid-2025

HAWAIIAN ELECTRIC INDUSTRIES INC

Total settlement contribution of $1.91B (after $75M credit) to be paid in 4 equal annual installments.
First installment ~$478M expected no earlier than mid-2025.
Previously accrued $1.71B as current liability; classification may change in future quarters.
Agreement in principle reached Aug 2, 2024, subject to final documentation and court approval.

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