Surge in Hawaiian Electric Industries Stock Price
Shares of Hawaiian Electric Industries experienced a remarkable surge in value, marking a significant shift in the market dynamics. The stock price skyrocketed…
Tag: Hawaiian Electric Industries
Hawaiian Electric Industries (HEI) is a publicly-traded company based in Hawaii that primarily operates in the energy and financial services sectors. The company is best known for its subsidiary, Hawaiian Electric Company, which provides electricity to customers on the islands of Oahu, Maui, and the Big Island. HEI is involved in the generation, transmission, and distribution of electricity, focusing on integrating renewable energy sources, such as solar and wind, into its power supply. Additionally, HEI has interests in the banking sector through its subsidiary, Hawaii Bank, further contributing to its diverse portfolio. The company’s mission includes fostering sustainable energy practices while supporting the economic development of Hawaii.