
Hawaiian Electric Industries, Inc.
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Business profile
Hawaiian Electric Industries, Inc. is a prominent utility company primarily focused on the generation, transmission, and distribution of electricity across the Hawaiian Islands. Operating through its principal subsidiary, Hawaiian Electric Company, the company serves a diverse customer base that includes residential, commercial, industrial, agricultural, and military sectors on Oahu, Hawaii Island, and Maui. Its service territory encompasses a wide range of environments, from densely populated urban areas and popular tourist resorts to vital military installations and extensive agricultural operations. A key strategic focus for Hawaiian Electric Industries is the transition to renewable energy sources. The company actively pursues and integrates a variety of renewable generation methods, including wind, solar, geothermal, hydroelectric, and biofuels, aiming to reduce reliance on imported fossil fuels and enhance energy sustainability for the state. Beyond its core utility operations, the "Other" segment of Hawaiian Electric Industries strategically invests in non-regulated renewable energy projects and sustainable infrastructure development within Hawaii, further solidifying its commitment to a cleaner energy future for the islands. This dual approach allows the company to maintain reliable energy services while driving innovation and environmental stewardship.