Hawaiian Electric Industries INC 8-K filings

Hawaiian Electric has extended its fuel supply agreement with PAR Hawaii Refining through January 31, 2029, and modified pricing for low sulfur fuel oil.

Hawaiian Electric Industries reported a significant net loss of $1.3 billion for the second quarter of 2024, primarily due to accrual of estimated wildfire liabilities and a goodwill impairment at its bank subsidiary.

Hawaiian Electric Industries and its subsidiary have agreed to a $1.99 billion settlement to resolve all tort claims related to the August 2023 Maui wildfires.

American Savings Bank reported a net loss of $45.8 million for the second quarter of 2024, primarily due to a $66.1 million after-tax goodwill impairment.

American Savings Bank reported a net loss of $45.8 million for the second quarter of 2024, primarily due to a $66.1 million after-tax goodwill impairment.

Hawaiian Electric has received approval from the Public Utilities Commission for a $250 million asset-based lending facility to support its financing needs.

Hawaiian Electric Company, Inc. has entered into a $250 million asset-based lending facility to bolster its working capital and fund capital projects.

Hawaiian Electric Industries and Hawaiian Electric Company held their annual meetings, electing directors, approving executive compensation, and ratifying the appointment of Deloitte & Touche, LLP as their independent auditor for 2024.

Hawaiian Electric Industries reported a net income of $42.1 million for the first quarter of 2024, down from $54.7 million in the same period last year, as the company continues to navigate the impacts of the Maui wildfires.

American Savings Bank (ASB) reported a 12.8% increase in net income for the first quarter of 2024, reaching $20.9 million, driven by strategic balance sheet moves and a brighter outlook for the Maui economy.

Hawaiian Electric Industries has published its unaudited 2023 Statistical Supplement, providing detailed financial and operational data for the company and its subsidiaries.

Hawaiian Electric Industries (HEI) reported a decrease in full-year 2023 net income to $199.2 million, impacted by Maui wildfire-related expenses and a loss from American Savings Bank's (ASB) balance sheet repositioning.

American Savings Bank reported a net income of $53.4 million for 2023, impacted by Maui wildfire expenses and a strategic balance sheet repositioning.