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Central Pacific Nears Deal for Hawaiian Electric's Bank (CPF, HE) - Stocks making the biggest moves midday: JetBlue, Hawaiian Electric, KeyCorp, Monday.com and more - Hawaiian Electric to Settle Maui Wildfire Claims as Part of $4B Deal - Hawaiian Electric is nearing a deal to resolve mass lawsuits over last year's Maui wildfires that could spare the utility a bankruptcy filing, people familiar with the situation said.
Hawaiian Electric Industries
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ShareKey facts
- city: Honolulu
- state: HI
- country: United States
- sector: Utilities
- industry: Multi-Utilities
- CEO: Scott W. H. Seu
- CEO gender: Male
Classified as: organization
Summary
Hawaiian Electric Industries is a company. It is located in Honolulu, the United States. The company is part of the Utilities sector, specifically in the Multi-Utilities industry.
Business
Hawaiian Electric Industries is one of the companies in the United States, companies in Multi-Utilities, companies in Utilities and 3,466,499 companies in our database.
- Assets: 15.8B $
- Debt: 2.9B $
- Employees: 3,597 people
- Free cash flow: -135362000 $
- Market cap: 4.2B $
- Profits: 246.2M $
- Revenues: 3.2B $
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Talking Points:
- Hawaiian Electric Industries, Inc. - Home
- Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses in the state of Hawaii. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. The Bank segment operates a community bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. This segment operates 42 branches, including 29 branches in Oahu, 6 branches in Maui, 4 branches in Hawaii, 2 branches in Kauai, and 1 branch in Molokai. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries Inc. was incorporated in 1891 and is headquartered in Honolulu, Hawaii.
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