HAWAIIAN ELECTRIC INDUSTRIES INC

Hawaiian Electric Industries operates as a regulated electric utility serving the Hawaiian Islands through its primary subsidiary. The company generates, purchases, transmits, distributes, and sells electricity across Oahu, Hawaii, Maui, Lanai, and Molokai. Its customer base includes residential and commercial users, resort operators, U.S. military installations, and agricultural businesses. The company operates multiple renewable energy sources including wind, solar, photovoltaic, geothermal, hydroelectric, and waste-to-energy facilities as part of its generation portfolio.

The business is organized into two segments. The Electric Utility segment comprises the core regulated utility operations providing electricity services across the Hawaiian islands. The Other segment invests in non-regulated renewable energy projects and sustainable infrastructure developments within Hawaii, allowing the company to pursue growth opportunities outside its traditional rate-regulated business.

Founded in 1891, Hawaiian Electric Industries operates with approximately 2,587 full-time employees and maintains headquarters in Honolulu. The company serves a geographically concentrated market across the Hawaiian archipelago, with operations limited to the state of Hawaii. As a regulated utility, the company's rates and operations are subject to oversight by the Hawaii Public Utilities Commission.