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Hawaiian Electric Industries, Inc.

HEEnergyHonolulu, United States

Hawaiian Electric Industries, Inc. (HE) operates as a diversified holding company primarily focused on three key areas within the state of Hawaii: electric utility services, banking, and investments in renewable and sustainable infrastructure. The company's Electric Utility division is responsible for the generation, acquisition, transmission, distribution, and sale of electricity across several Hawaiian islands, including Oahu, Hawaii, Maui, Lanai, and Molokai. This segment utilizes and explores various clean energy sources, such as wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. Its customer base includes suburban communities, resort properties, United States armed forces installations, and agricultural operations. Through its Bank segment, the company runs a community financial institution that provides a full spectrum of banking and financial offerings to both consumers and businesses. These services include savings and checking accounts, along with a wide range of loans, encompassing residential and commercial real estate, mortgages, construction and development, multifamily residential and commercial real estate, consumer, and general commercial lending. This banking arm maintains a network of 42 branches throughout the islands: 29 on Oahu, 6 on Maui, 4 on Hawaii, 2 on Kauai, and 1 on Molokai. The "Other" segment is dedicated to strategic investments in non-regulated renewable energy and sustainable infrastructure projects exclusively within the Hawaiian Islands. Founded in 1891, Hawaiian Electric Industries Inc. maintains its corporate headquarters in Honolulu, Hawaii.

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Hawaiian Electric Industries, Inc. at a glance

Hawaiian Electric Industries, Inc. is an energy company headquartered in Honolulu, United States. It is publicly listed (HE) with a market capitalisation of $1.5B. Xcout tracks 29 named people at Hawaiian Electric Industries, Inc., including Ann C. Teranishi (Chief Executive Officer, President & Director of American Savings Bank).

Industry
Energy
Headquarters
Honolulu, United States
Market cap
$1.5B
Employees
2,587
Ticker
HE

Hawaiian Electric Industries, Inc. leadership

  • Ann C. TeranishiChief Executive Officer, President & Director of American Savings Bank
  • Scott W. H. SeuPresident, Chief Executive Officer & Director
  • Shelee T. KimuraPresident, Chief Executive Officer & Director of Hawaiian Electric Company, Inc.
  • Marcelino SusasPresident of Pacific Current
  • Paul K. ItoExecutive Vice President & Chief Financial Officer
  • Kurt K. MuraoSVP, Chief Legal Officer, Chief Compliance Officer & Corporate Secretary

23 more named people on record for Hawaiian Electric Industries, Inc., with roles, board committees and tenure — see the full roster →

Hawaiian Electric Industries, Inc. competitors

A few of Hawaiian Electric Industries, Inc.'s closest competitors — see the full list of competitors and alternatives →

HUANENG POWER00902 · EnergyBeijing, China
70% matchPublic

Huaneng Power International, Inc., along with its affiliated entities, primarily generates and distributes electricity to regional and provincial grid companies both within the People's Republic of China and internationally. The company's core operations involve the conceptualization, construction, management, and ongoing operation of power generation facilities and related infrastructure. It leverages a diverse array of energy sources for electricity production, including gas turbines, hydroelectric systems, wind power, solar photovoltaics, coal-fired plants, and biomass. Beyond its primary function, Huaneng Power International offers a comprehensive suite of ancillary services. These include the development and construction of solar power projects, the sale of power generation by-products such as coal ash and lime, and the trade of raw and processed coal. The company is also a provider of thermal heating, steam, hot water, and desalinated water services, alongside offering broader thermal and cold energy solutions. Its extensive infrastructure activities encompass port operations, cargo handling, storage, logistics, as well as the establishment and upkeep of electricity distribution and heating pipeline networks. Furthermore, the company undertakes power equipment repair and maintenance, plumbing services, energy engineering construction, and various transportation services. Its expertise extends to environmental engineering, industrial water and waste management, and the provision of information technology and management consulting. As of December 31, 2021, the company reported a total controlled generating capacity of 118,695 megawatts, with an equity-based installed capacity amounting to 103,875 megawatts. Huaneng Power International, Inc. was founded in 1994 and is headquartered in Beijing, People's Republic of China.

Market cap$15B
Employees56,104
HUANENG POWER competitors & alternatives →
WEC Energy Group, Inc.0LSL · EnergyMilwaukee, United States
67% matchPublic

WEC Energy Group, Inc. is a major American energy provider that delivers both regulated natural gas and electricity services, along with regulated and non-regulated renewable energy solutions across the United States. The company's operations are structured into six key segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. WEC Energy is involved in a comprehensive range of energy activities, encompassing the generation and distribution of electricity using a diverse mix of sources. These include traditional fuels like coal, natural gas, and oil, as well as sustainable options such as hydroelectric, wind, solar, and biomass. Additionally, the company manages electric transmission, provides retail natural gas distribution, handles natural gas transportation, and produces and sells steam. As of December 31, 2021, WEC Energy maintained an extensive infrastructure network. This included approximately 35,800 miles of overhead and 35,600 miles of underground electrical distribution lines, supported by 440 electric distribution substations and 510,500 line transformers. Its natural gas network comprised 50,900 miles of distribution mains, 1,200 miles of transmission mains, 2.3 million lateral service connections, and 500 distribution and transmission gate stations. Furthermore, the company controlled underground natural gas storage facilities with a substantial working capacity of 68.2 billion cubic feet. WEC Energy Group, Inc. was founded in 1981. It was previously known as Wisconsin Energy Corporation before officially changing its name in June 2015. The company's primary corporate offices are located in Milwaukee, Wisconsin.

Market cap$36.7B
Employees7,000
WEC Energy Group, Inc. competitors & alternatives →

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More on Hawaiian Electric Industries, Inc. in Xcout Intel

  • 29 named people with titles, LinkedIn and board committees
  • 1 corporate event with sources — deals, leadership changes, layoffs
  • The full competitor set, tracking, exports and API access
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