Hawaiian Electric Industries, Inc.

Hawaiian Electric Industries, Inc.

Hawaiian Electric Industries, Inc. established its retirement plan in 1941 to serve employees across its operating subsidiaries. The plan operates as a defined benefit structure focused on the utility sector. The plan allocates 33 percent to private equity. Its holdings center on direct ownership of regulated utility assets and renewable projects in Hawaii. Confirmed positions include full ownership of Hawaiian Electric Company, Inc. and Pacific Current, LLC, alongside minority interest in American Savings Bank. Geographic exposure remains concentrated in the United States, primarily Hawaii. The firm reported 1,724 million USD in plan assets. It maintains membership in the Edison Electric Institute and the Electric Power Research Institute. In May 2025 the company held its annual shareholder meeting virtually to address governance, financial results, and wildfire recovery. The pension plan sits inside a publicly traded holding company structure that also owns operating businesses in utilities and banking. This integration creates direct alignment between plan governance and the parent company's regulated activities.