Hawaiian Electric Industries Inc

Overview

Hawaiian Electric Industries Inc (HEI) is a holding company, which operates electric utility and banking businesses. Through its subsidiaries the company produces, procures, transmits, distributes and sells electricity. It generates electricity from conventional oil-fired steam units, biodiesel, combustion turbines, combined-cycle, diesel, and other combustion turbines. HEI owns overhead transmission and distribution lines, underground cables, poles, and high voltage metal towers. It also has power purchase agreements with various utilities and provides savings and loan, and other banking services. The company serves Honolulu community on Oahu, Hilo and Kona on Hawaii, and Wailuku and Kahului on Maui; suburban communities; resorts; the US armed forces installations and agricultural operations. HEI is headquartered in Honolulu, Hawaii, the US.
Key Stats
Address
1001 Bishop St Ste 2900, HONOLULU, Hawaii
Headquarters

United States of America

Contact

1 808 5435662

Website
www.hei.com
No of Employees

3,702

Industry

Power

Ticker Symbol & Exchange​

HE [NYSE]

Revenue (2020)

$2,580 m

-10.3% (2020 vs 2019)
Net Income (2020)

$200 m

-9% (2020 vs 2019)
Net Profit Margin

8 %

1.2% (2020 vs 2019)
Market Cap *

$4,694 m

EPS *

$1.8

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Hawaiian Electric Industries IncDuke Energy CorpPinnacle West Capital CorporationPortland General Electric Co
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City HONOLULU CHARLOTTE PHOENIX PORTLAND
Headquarter State/Province Hawaii North Carolina Arizona Oregon
No. of Employees 3,702 27,535 88 3,639
Entity Type Public Public Public Public

Products & Services

HEI is a is holding company. The company's key products and services include the following:

Products
  • Electricity
  • Loans
  • Deposits
Services
  • Transmission
  • Distribution
  • Private Equity Investments
  • Etiam Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Gregory C. Hazelton Executive Vice President; Treasurer; Chief Financial Officer Senior Management 2017 55 Mr. Gregory C. Hazelton has been the Executive Vice President and Chief Financial Officer of HEI since 2017. Prior to...
Constance H. Lau President; Director; Chief Executive Officer Executive Board 2006 68 Ms. Constance H. Lau has been the President, the Chief Executive Officer and Director of HEI since 2006. Prior to...
Jeffrey N. Watanabe Chairman Executive Board 2006 76 Mr. Jeffrey N. Watanabe has been the Chairman of HEI since 2006. Prior to this, he served as the Managing...
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.

History

Year Event Description
2020 Contracts/Agreements In January, the company and Puna Geothermal Venture (PGV) entered into an agreement to lower…
2019 Contracts/Agreements In October, the company awarded a contract to own, operate and maintain the electric distribution…
2019 Commercial Operation In June, the company opened a electric vehicle fast charger on Oahu.
2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2018 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2018 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Hawaiian Electric Co Inc

Address

1001 Bishop Street, Honolulu
United States of America

Telephone

1 808 5435670

Website

www.hawaiianelectric.com
The Old Oahu Tug Service, Inc.

Address

P.O. Box 3288, Honolulu
United States of America

Telephone

1 808 5439311

Renewable Hawaii, Inc.

Address

900 Richards Street, Honolulu
United States of America

Telephone

1 808 5487311

Website

www.renewablehawaii.com
American Savings Bank

Address

1001 Bishop Street, Honolulu
United States of America

Telephone

1 808 5236844

Website

www.asbhawaii.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target

Jobs Overview

12

Active Jobs

10

Posted

14

Closed

Job Trends

Latest Jobs

Job title Company Country
Energy Contract Manager - Energy Procurement Hawaiian Electric Industries Inc United States
Account Services Clerk - Applicant Pool Hawaiian Electric Industries Inc United States
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar