Aug 9 (Reuters) - Utility firm Hawaiian Electric
raised going concern doubts on Friday after it revealed that it
does not have a financing plan for the $1.71 billion Maui
wildfire settlement reached earlier this month.
The company said it was working closely with financial
advisers to develop a financing plan for their settlement
contribution, and intends to finance the settlement payments
through a mix of debt, common equity, equity-linked securities,
or other potential options.
The company had agreed to pay a large share of a more
than $4 billion legal settlement to compensate victims of last
year's deadly Maui wildfires that killed over 100 people.