HE - Hawaiian Electric Industries Inc.

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Hawaiian Electric Industries, Inc., along with its subsidiaries, operates across electric utility, banking, and renewable/sustainable infrastructure investment sectors in Hawaii. The company divides its operations into three main segments: Electric Utility, Bank, and Other. The Electric Utility segment plays a vital role in the production, transmission, distribution, and sale of electricity across the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. It leverages a diverse range of renewable energy sources such as wind, solar, geothermal, hydroelectric, and biofuels, catering to suburban communities, resorts, military installations, and agricultural operations.

The Bank segment operates a community-focused bank that provides a comprehensive suite of financial services to both individual consumers and businesses. These services include savings and checking accounts, as well as various types of loans such as residential and commercial real estate, mortgage, construction and development, multifamily residential, consumer, and commercial loans. With 42 branches strategically located across the Hawaiian Islands, including major centers like Oahu, Maui, Hawaii, and Kauai, the bank ensures accessibility and convenience for its diverse customer base.

In addition to its core operations, the Other segment of Hawaiian Electric Industries invests in non-regulated renewable energy and sustainable infrastructure projects within Hawaii. This segment underscores the company's commitment to advancing environmental sustainability and contributing to the state's energy independence goals. Founded in 1891 and headquartered in Honolulu, Hawaii, Hawaiian Electric Industries remains at the forefront of driving innovation in electric utility services, community banking, and sustainable infrastructure development across the Hawaiian Islands.

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