Hawaiian Electric Industries, Inc.

Hawaiian Electric Industries, Inc.

Hawaiian Electric Industries, Inc.

Overview
Date Founded

1981

Headquarters

1001 Bishop Street, Suite 2900, Honolulu, HI, 96813, USA

Type of Company

Public

Employees (Worldwide)

3,702

Industries

Power & Utilities
Alternative Energy
Appliances & Electronics
Retail & Commercial Banking
Holding Companies

Company Description

Hawaiian Electric Industries, Inc. is a holding company, which engages in power, financial, and renewable and sustainable infrastructure investment businesses. It operates through the following segments: Electric Utility, Bank, and Other. The Electric Utility segment offers essential electric service in the islands of Oahu, Hawaii, and Maui, Lanai, and Molokai. The Bank segment delivers banking and other financial services to Hawaii consumers and businesses. The Other segment comprises of corporate-level operating, general, and administrative expenses. The company was founded by C. Dudley Pratt Jr. in 1981 and is headquartered in Honolulu, HI.

Contact Data
Trying to get in touch with decision makers at Hawaiian Electric Industries, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

President, Chief Executive Officer, Director

Executive Vice President, Chief Administrative Officer & Assistant Secretary, American Savings Bank

Chief Financial Officer & Executive Vice President

Controller & Chief Accounting Officer of HECO

President, American Home Loans-American Savings Bank

President, Hawai'I Electric Light Company, Inc

Vice President, Tax, Controller, Treasurer & Chief Accounting Officer

Executive Vice President, Retail Banking, American Savings Bank

Executive Vice President, Operations & Technology, American Savings Bank

Executive Vice President, Enterprise Risk & Regulatory Relations, American Savings Bank

Board of Directors

Vice Chairman at Pearl Harbor Memorial Fund

Hawaiian Electric Industries, Inc.

Former Interim Chief Executive Officer at Dine Brands Global, Inc.

Former Chief Executive Officer & President at Portland General Electric Company

Co-Founder at Inclusive Capital Partners LP

Chairman at Climate Change Crisis Real Impact I Acquisition Corp.

President at Russell Financial, Inc.

Co-Founder at C.Dots Development, LLC

President & Chief Executive Officer at Hawaii Community Foundation

President, Chief Executive Officer, Director at Hawaiian Electric Industries, Inc.

Paths to Hawaiian Electric Industries, Inc.
Potential Connections via
Relationship Science
You
Hawaiian Electric Industries, Inc.
Owners & Shareholders
Details Hidden

Inclusive Capital Partners is a highly engaged, long-term investor that seeks to achieve superior returns by making long-term investments in companies that responsibly and creatively address environmental and social problems by using sustainable models and/or in companies that the firm believes would benefit from utilizing sustainable models.

Details Hidden

First Pacific Financial primarily allocates client assets among various mutual funds and exchange-traded funds (ETFs) in accordance with their stated investment objectives. Less frequently, the firm will allocate assets among individual debt and equity securities. Portfolios are developed using asset class return assumptions and historical asset class correlations weighted to maximize the potential expected return for a given level of downside risk. The components of the portfolios are selected through the application of a series of quantitative and qualitative screens, related to a fund’s people (managers, if applicable), process, philosophy, and performance

Details Hidden

JGUA recommends securities based on fundamental and technical analysis methods. The firm uses an inherent value technique including the evaluation of financial position, product and market factors, and management to identify undervalued securities. Their approach combines a strategic asset allocation, including preferred investment sectors, with substantially individual security selection. Value Based analyses are emphasized for most equity security decisions.

Recent Transactions
Details Hidden

Hawaiian Electric Industries, Inc., Hamakua Energy LLC purchase Hamakua Energy Partners LP /Generating Plant from Hamakua Energy Partners LP

Details Hidden

Hawaiian Electric Industries, Inc. issued USD Common Stock

Details Hidden

Hawaiian Electric Industries, Inc. raised money in a private placement transaction

Transaction Advisors
Auditor

Advised onHawaiian Electric Industries, Inc. issued USD Common Stock

Underwriter

Advised onHawaiian Electric Industries, Inc. issued USD Common Stock

Underwriter

Advised onHawaiian Electric Industries, Inc. issued USD Common Stock

Executive Director

Advised onHawaiian Electric Industries, Inc. issued USD Common Stock

Executive Director

Advised onHawaiian Electric Industries, Inc. issued USD Common Stock

Clients

University of Hawaii Board of Regents, part of University of Hawaii System, is a company headquartered in the United States that oversees college activities.

The Government of the United States of America is the federal government of the republic of fifty states that constitute the United States, as well as one capital district, and several other territories. The federal government is composed of three distinct branches: legislative, executive and judicial, whose powers are vested by the U.S. Constitution in the Congress, the President, and the federal courts, including the Supreme Court, respectively.

Key Stats and Financials As of 2020
Market Capitalization
$4.64B
Total Enterprise Value
$6.03B
Earnings Per Share
$1.81
Revenue
$2.58B
Net Profit
$200M
EBITDA
$550M
EBITDAMargin
21.3%
Total Debt
$2.5B
Total Equity
$2.37B
Enterprise Value / Sales
2.34x
Enterprise Value EBITDAOperating
10.67x
TEVNet Income
30.18x
Debt TEV
0.41x
Three Year Compounded Annual Growth Rate Of Revenue
0.31%
Non-Profit Donations & Grants
Investments
Details Hidden

Firetide, Inc. develops and supplies mesh networks and networking equipment. It offers wireless mesh infrastructure and access solution for video surveillance, internet access, public safety networks, and temporary networks wherever rapid deployment, mobility, and ease of installation are required. The firm's customers include the public safety, transportation and automation industries. The company was founded by Lawrence Rosenthal, Barbara Cardillo, Tareq Hoque, Isaac R. Nassi and Keith Klemba in 2002 and is headquartered in Campbell, CA.

Details Hidden

ClearFuels Technology, Inc. produces advanced renewable bio fuels. It operates bio-refineries to produce biofuels from multiple mixed cellulosic biomass feedstocks. The company was founded by Robert Shleser in 1998 and is headquartered in Aiea, HI.

Details Hidden

Hoku Corp. engages in the provision of solar energy products and services. It offers photovoltaic systems, polysilicon, silicon ingots and wafers, photovoltaic cells, and photovoltaic modules. The company was founded by Dustin Masaru Shindo and Karl M. Taft III in March 2001 and is headquartered in Honolulu, HI.

Suppliers
Ormat Technologies, Inc. Pension Funds & Sovereign Wealth | Reno, Nevada

Ormat Technologies, Inc. (NYSE: ORA) is a world leader in the geothermal power plant sector. As a geothermal company we have over four decades of experience in the development of state-of-the-art, environmentally sound power solutions, primarily in geothermal and recovered energy generation. In addition to designing, developing, building, owning and operating geothermal energy and recovered energy-based power plants in the United States and other countries, Ormat also designs, manufactures and sells power units and other power generating equipment for geothermal power plants and recovered energy-based electricity generation. Ormat is today's only vertically-integrated provider of geothermal and recovered energy-based equipment, services and power that designs, develops, builds and manufactures most of the equipment used in its plants. The in-depth knowledge gained from these operations gives us a competitive edge by enabling efficient maintenance and timely response to operational issues.

State of Hawaii Holding Companies | Honolulu, HI

The AES Corp. Alternative Energy | Arlington, VA

The AES Corporation (NYSE: AES) is a global power company that owns and operates a diverse and growing portfolio of electricity generation and distribution businesses, which provide reliable, affordable energy to customers in 27 countries. AES understands that a reliable, affordable supply of electricity is essential to human progress, economic growth, public health and security. Our power plants encompass a broad range of technologies and fuel types, including coal, diesel, hydropower, gas, oil, wind and biomass. Our utilities power several diverse markets, from São Paulo to Indianapolis to Douala. Combining deep local insight with a global presence and more than 30 years of experience, AES has a proven commitment to ensuring operational excellence in providing electricity to its customers.

Competitors
Xcel Energy, Inc. Power & Utilities - Minneapolis, MN

Our products and services differ based on state. Please select your state (or the state you're interested in) from the list to the left. Why do our products and services differ based on state? Because our business is regulated by state. We have regulated operations in eight Western and Midwestern states. The different regulatory body for each state we serve determines what products and services we deliver in that state

Valley National Bancorp Retail & Commercial Banking - Wayne, NJ

Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with $16 billion in assets. Its principal subsidiary, Valley National Bank, currently operates 210 branches in 146 communities serving 16 counties throughout northern and central New Jersey, Manhattan, Brooklyn, Queens and Long Island. Valley National Bank is one of the largest commercial banks headquartered in New Jersey and is committed to providing the most convenient service, the latest in product innovations and an experienced and knowledgeable staff with a high priority on friendly customer service 24 hours a day, 7 days a week.

Century Bancorp, Inc. (Massachusetts) Retail & Commercial Banking - Medford, MA

Century Bancorp, Inc. operates as the holding company for Century Bank and Trust Company, which provides banking services to commercial enterprises, state and local governments and agencies, nonprofit organizations, and individuals in Massachusetts. It accepts savings accounts, Now accounts, demand deposits, time deposits, and money market accounts. The company's loan portfolio comprises single and multi-family residential loans, commercial and industrial loans, commercial real estate loans, construction loans, Home equity loans, and consumer loans. It also offers automated lockbox collection, cash management, and account reconciliation services to its corporate and institutional customers, as well as promotes the marketing of these services to the municipal market. In addition, the company offers securities brokerage services; and financial services, including transaction processing and short-term financing to municipalities. As of September 30, 2011, Century Bancorp operated 24 banking offices in 17 cities and towns in Massachusetts. The company was founded in 1969 and is headquartered in Medford, Massachusetts

Awards & Honors
Rank #817
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Hawaiian Electric Industries, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Hawaiian Electric Industries, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Hawaiian Electric Industries, Inc..