The bureau of Alcohol, Tobacco, Firearms and Explosives findings on the origin and cause of the Maui wildfires last August were unsurprising, according to an Evercore ISI analyst. The deadly Maui wildfires last year were caused by Hawaiian Electric Industries' (NYSE:HE) broken utility lines,

The historic Maui fire that killed at least 102 people last year was caused by broken power lines thought to have been extinguished earlier in the day, officials confirmed in their findings

The long-awaited report by Maui County and the Federal Bureau of Alcohol, Tobacco, Firearms and Explosives concurs with a body of reports pointing to Hawaiian Electric Co. as the cause of the fires.

The Maui Fire Department is expected to give its official explanation on exactly how the deadliest U.S. wildfire in more than a century was sparked last year

In the wake of the deadliest fire in the U.S. in over a century, officials took steps to prevent future disasters in Maui. Gina Mangieri reported from Lahainaluna Road, where the fire originated.