Hawaiian Electric Industries, Inc.

Hawaiian Electric Industries, Inc. performs three main operations in the state of Hawaii: electricity, banking, and investing in renewable/sustainable infrastructures. The Electric Utility segment of their business involves the production, purchasing, transmission, distribution, and selling of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. This segment is capable of using renewable energy sources, such as wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. It provides services to rural towns, holiday spots, US army bases, and farms. Additionally, it operates a local financial institution that provides banking and other monetary services to both consumers and companies. Yes, including savings and checking accounts; plus loans such as residential and commercial real estate, home loans, construction and development, multifamily residential and commercial real estate, customer, and business loans. This division has 42 branches operating, including 29 in Oahu, 6 on Maui, 4 on Hawaii, 2 on Kauai, and 1 on Molokai. The other segment is investing in renewable energy and sustainable structures that aren’t governed in the State of Hawaii. Hawaiian Electric Industries Inc. was founded in 1891 and has its main office in Honolulu, Hawaii.