Hawaiian Electric Industries (NYSE:HE) is a diversified holding company operating in the energy and financial services sectors in the state of Hawaii. Its principal subsidiary, Hawaiian Electric Company, provides generation, transmission, distribution and customer service to the island of Oahu, while its Maui Electric and Hawaii Electric Light Company subsidiaries serve Maui, Molokai, Lanai and Hawaii Island. The roots of the electric utility business trace back to 1891 when service first commenced in Honolulu.
Through its subsidiary Hawaii Gas, HEI extends its energy portfolio to include the distribution of natural gas and propane, supporting residential, commercial and industrial customers across the islands. The combined electric and gas operations are focused on advancing Hawaii’s clean energy objectives, with growing investments in solar, wind and battery storage projects to enhance grid reliability and reduce greenhouse gas emissions.
In addition to its energy operations, HEI owns American Savings Bank, one of the largest locally based financial institutions in Hawaii. The bank offers a broad range of deposit accounts, lending solutions, mortgage products and wealth management services, catering to both individual consumers and businesses throughout the Hawaiian Islands.
Headquartered in Honolulu, HEI is overseen by a board of directors and senior leadership team dedicated to community engagement, sustainability and dependable service delivery. The company plays a key role in Hawaii’s economy, supporting statewide initiatives for energy innovation and economic growth.
