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Hawaii Fires Turn a Safe Investment Into a Big Risk - The Wall Street Journal

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Maui Fires Turn a Safe Investment Into a Big Investment Risk - WSJ

Updated Aug. 18, 2023 9:47 am ET

America’s power grid is largely run by private utilities backed by investors seeking slow and steady returns. The deadly wildfire that scorched parts of Hawaii is heightening Wall Street’s fears that the system’s value proposition faces mounting pressure.

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