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07.08.25 - 22:24
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HEI Reports Second Quarter 2025 Results (Business Wire)
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Utility Continues to Improve the Safety, Reliability and Resilience of Service to Our Communities Through Advancement of Wildfire Safety Strategy
Legislation Signed Into Law by Governor Green Appropriates Funds for the State's Contribution to the Maui Wildfire Tort Litigation Settlement, Directs the Public Utilities Commission to Establish an Aggregate Liability Cap for Economic Damages from Future Wildfires, Authorizes Securitization for Infrastructure Resilience Investments and Supports Reliable, Affordable Clean Energy Procurement
Continued Progress Toward a Simpler, More Focused Business With Sale of Pacific Current's Solar and Battery Storage Assets
Quarter's Results Reflect $5 Million Earnings Impact from Asset Impairment and Tax Credit Recapture Related to Sale
HONOLULU--(BUSINESS WIRE)--Hawaiian Electric Industries, Inc. (NYSE - HE) (HEI) today reported net income for the second quarter of 2025 of $26 million, or $0.15 per share. Excluding Maui wildfire-related expenses and expenses taken in co...
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09.05.25 - 22:12
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HEI Reports First Quarter 2025 Results (Business Wire)
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Critical Legislation Passed by Hawaii State Legislature
HB 1001, Appropriating Funds for the State's Contribution to the Maui Wildfire Tort Litigation Settlement
SB 897, Directing the Public Utilities Commission to Establish an Aggregate Liability Cap for Economic Damages from Future Wildfires
SB 1501, Protecting Reliable, Affordable Clean Energy Procurement, Supporting Advancement Toward Hawaii's Decarbonization and RPS Goals
Holding Company Completed Debt Reduction in April With Proceeds from American Savings Bank Sale
Pacific Current Completed Sale of Largest Asset, Hamakua Energy; Quarter's Results Reflect $13 Million Pre-tax Loss on Sale of Hamakua
HONOLULU--(BUSINESS WIRE)--Hawaiian Electric Industries, Inc. (NYSE - HE) (HEI) today reported net income for the first quarter of 2025 of $27 million, or $0.15 per share. Excluding Maui wildfire-related expenses, the loss recorded at Pacific Current on the sale of Hamakua Energy and net income from discontinued operations in 2024, Core1 income from con...
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28.04.25 - 21:06
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Hawaiian Electric Industries to Announce First Quarter 2025 Results May 9 (Business Wire)
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HONOLULU--(BUSINESS WIRE)--Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE) will announce its first quarter 2025 financial results on Friday, May 9 and conduct a webcast and conference call to discuss the results at 10:30 a.m. Hawaii time (4:30 p.m. Eastern time).
To listen to the conference call, dial 1-888-660-6377 (U.S.) or 1-929-203-0797 (international) and enter passcode 2393042. Parties may also access presentation materials and/or listen to the conference call by visiting the conference call link on HEI's website at www.hei.com under “Investor Relations,” sub-heading “News and Events – Events and Presentations.”
A replay will be available online and via phone. The online replay will be available on HEI's website about two hours after the event. An audio replay will also be available about two hours after the event through May 16. To access the audio replay, dial 1-800-770-2030 (U.S.) or 1-647-362-9199 (international) and enter passcode 2393042.
HEI and Hawaiian Electric Company, Inc...
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10.03.25 - 23:03
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HEI Subsidiary Sells Hawaiʻi Island Power Plant to Experienced Plant Operator (Business Wire)
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HONOLULU--(BUSINESS WIRE)--Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE), the parent company of Pacific Current, LLC (Pacific Current), today announced the closing of the sale of Pacific Current's 60-megawatt Hamakua Energy Plant on Hawaiʻi Island to a subsidiary of Harbert Management Corporation (Harbert). The transaction is not expected to be material to HEI's financial statements.
Sale of the plant is a key step in HEI's previously announced review of strategic options for Pacific Current. The strategic review process for other Pacific Current assets is ongoing.
Harbert is a longstanding owner and operator of power generating facilities, including in Hawaiʻi, where it has had an ownership stake in the 208-megawatt Kalaeloa Partners LP cogeneration plant on O'ahu since 1997.
“We believe Harbert's depth of experience in owning and operating power plants and being a good partner with utilities, including in our state, will serve the Hamakua Energy Plant and Hawaiian Electric well in their ...
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21.02.25 - 22:06
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HEI Reports Fourth Quarter and Full Year 2024 Results (Business Wire)
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Favorable Hawaii Supreme Court Decision Provides Clarity Needed to Help Finalize Maui Tort Litigation Settlement
Strong Execution on Strategic Priorities in a Pivotal Year
Definitive Settlement Agreements Reached in Maui Wildfire Tort Litigation
Sale of 90.1% of American Savings Bank Simplified HEI's Strategy and Regulatory Position While Allowing Enhanced Focus on Utility Business; Proceeds Will Be Used to Reduce Debt
Rapid Implementation of Utility Wildfire Mitigation Efforts: Grid Hardening and Redesign, Improved Situational Awareness and Operational Practices, and Enhanced Stakeholder Engagement Efforts Implemented to Reduce Risk
Utility Achieved a 36% Renewable Portfolio Standard in 2024, Accelerating Progress Toward the 2030 Milestone of 40%
Typical Residential Bill Decreased 7% in 2024; Utility Returned $18 Million in Bill Credits to Customers
HONOLULU--(BUSINESS WIRE)--Hawaiian Electric Industries, Inc. (NYSE - HE) (HEI) today reported a net loss for the full year 2024 of $1,426 million, or $11.2...
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27.01.25 - 18:03
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Hawaiian Electric Industries to Announce Fourth Quarter and Full Year 2024 Results February 21 (Business Wire)
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HONOLULU--(BUSINESS WIRE)--Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE) will announce its fourth quarter and full year 2024 financial results on Friday, February 21 and conduct a webcast and conference call to discuss the results at 11:30 a.m. Hawaii time (4:30 p.m. Eastern time).
To listen to the conference call, dial 1-888-660-6377 (U.S.) or 1-929-203-0797 (international) and enter passcode 2393042. Parties may also access presentation materials and/or listen to the conference call by visiting the conference call link on HEI's website at www.hei.com under “Investor Relations,” sub-heading “News and Events – Events and Presentations.”
A replay will be available online and via phone. The online replay will be available on HEI's website about two hours after the event. An audio replay will also be available about two hours after the event through March 7. To access the audio replay, dial 1-800-770-2030 (U.S.) or 1-647-362-9199 (international) and enter passcode 2393042.
HEI and Hawaiian...
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