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It also referenced apparent confusion concerning the ailing utility's preferred candidate.
Much of the utility's aging infrastructure was nowhere close to meeting a 2002 national standard that key components be able to withstand 105-mph (169 kmh) winds.
Source: https://phys.org/news/2023-09-maui-quickly-overgrown-gully-stubborn.html
The utility's ability to navigate these financial headwinds and maintain operational stability will be critical in determining its long-term viability and attractiveness to investors.
This after breakdowns occurred at several of the power utility's stations overnight.