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Evercore Maintains Hawaiian Electric Industries(HE.US) With Hold Rating, Raises Target Price to $11
Trump wants to ban wind farms, causing the stock price of the world's largest offshore wind power Operator to plummet.
On January 20 local time, Danish offshore wind power giant Ørsted announced a large-scale cut to its USA Business. This move comes as Trump takes office as President of the USA, casting a shadow over the prospects for the Wind Power industry - just hours after the latest impairment announcement, Trump was officially inaugurated and suspended new offshore wind power leases. After the market opened on Tuesday, Ørsted's European stocks fell more than 17%.
Trump's National Energy Emergency Focuses on Next-Generation Tech
Hawaiian Electric Industries Unveils $450 Million Wildfire Safety Strategy
Express News | Hawaiian Electric Industries- Cost of 2025-2027 Wildfire Safety Strategy Estimated at About $450 Mln, Including $137 Mln Budgeted for Work in 2025
Express News | Hawaiian Electric: To Deploy New Technology, Fortify Infrastructure, Minimize Fire Hazards & Expand Community Partnerships to Reduce Risk of Wildfire