About Hawaiian Electric
Hawaiian Electric is a publicly listed company based in Honolulu (United States) founded in 1881. Solar energy projects are developed and operated in Hawaii. Its chief executive, as recorded, is Scott Seu. Its website hawaiianelectric.com draws about 295 thousand monthly visits. Hawaiian Electric offers products and services including Electric Supply, Outage Reporting, and Renewable Energy Programs. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its legal entity is HAWAIIAN ELECTRIC COMPANY, INC. Its competitors include Dominion Energy, Enel X and EDF Renewable Energy; 1 of its 3 listed competitors has raised funding.
Company details
Hawaiian Electric was founded in 1881 in Honolulu, United States, and operates within the energy sector as a utility provider. Solar energy projects are developed and integrated into the local grid to support renewable power distribution. Services encompass electricity generation, transmission, and distribution across Hawaii. Focus is placed on sustainable energy solutions amid the regions geographic constraints. Leadership is held by CEO and President Scott Seu.
- Headquarters Honolulu, United States
- Stage Public
- SectorsEnergy & Utilities
- Website category Finance · Banking Credit and Lending
- Website hawaiianelectric.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Hawaiian Electric Co., Inc.
- Annual Revenue$3.21 B (USD)-1.92as on Dec 31, 2024
- Net Profit-$1.22 B (USD)-724.85as on Dec 31, 2024
- EBITDA$546.12 M (USD)-4.58as on Dec 31, 2024
- Latest Funding Round$40M (USD), Debt – Conventional
Sep 2012
- Investors
Products & Services of Hawaiian Electric
Hawaiian Electric offers a comprehensive portfolio of products and services, including Electric Supply, Outage Reporting, and Renewable Energy Programs.
Provides reliable electricity to homes and businesses
Allows users to report and track power outages
Offers programs for solar and energy efficiency initiatives
Apps and channels of Hawaiian Electric
its YouTube channel Hawaiian Electric has 2.16K subscribers and 30 videos.
Videos from Hawaiian Electric
The most watched videos on Hawaiian Electric's YouTube channel, Hawaiian Electric (2.16K subscribers). Click a video to play it here.
More on Hawaiian Electric.
Funding Insights of Hawaiian Electric
- Total Rounds 4
- Last Round Debt – Conventional — $40M
- First Round $749,855
(Nov 2009)
- Investors Count 1
All 4 funding rounds of Hawaiian Electric with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
1 investors in total: 1 institutional.
Investors in Hawaiian Electric
Hawaiian Electric has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OSTI.GOV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov | Oak Ridge, United States |
Investor details for Hawaiian Electric
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People of Hawaiian Electric
146 people are tracked at Hawaiian Electric (44 in leadership, 102 in team).
| Name | Role | Group |
|---|---|---|
Scott Seu | CEO & President | Leadership |
Peter Okunami | Director Of Geospatial And Asset Data Operations | Leadership |
Shelee Kimura | President & CEO | Leadership |
Jackie Ingamells | VP, Human Resources & Chief People Strategist | Leadership |
Jason E. Benn | SVP & Chief Transformation & Administrative Officer | Leadership |
Ka'Ohinani Miyashiro | Talent Acquisition Partner | Leadership |
Erin Kippen | VP, General Counsel, Chief Compliance Officer & Corporate Secretary | Leadership |
Jim Alberts | SVP & COO | Leadership |
Darcy Endo-Omoto | Executive Advisor to the President & CEO | Leadership |
Jim Kelly | VP, Government & Community Relations & Corporate Communications | Leadership |
Trung Ha | Budget And Financial Analysis, Director | Leadership |
Rick Pinkerton | Director, Asset Planning & Strategy | Leadership |
Keola Siafuafu | VP, Enterprise Operations Services | Leadership |
Mike DeCaprio | VP, Power Supply | Leadership |
Ed Tavares | VP, CIO & CISO | Leadership |
Brendan Bailey | VP, Customer Service | Leadership |
Kevin Oda | Managing Counsel | Leadership |
Ken Aramaki | Director, T&d And Interconnection Planning | Leadership |
Patti-Jo Day | Director Human Resources - Employee Experience | Leadership |
Paul Ito | SVP, CFO & Treasurer | Leadership |
126 more people are available in the full profile.
Complete people profiles for Hawaiian Electric
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IPO & Listings of Hawaiian Electric
Hawaiian Electric is a publicly listed company on the OTC with ticker symbol HAWEL in USA, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onOTC: HAWEL
- Listed entityHawaiian Electric Co., Inc.
- Exchange sectorUtilities
- Share price$21.02 (-0.39% on the day) · 2025-09-29
- Market capitalisation$1.1M
- Price to earnings7.4
- EPS (diluted, trailing year)$2.84
- Dividend yield4.72%
- Volume (last session)1,100
- Analyst consensusNeutral
Financials of Hawaiian Electric
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | $3.21B | -$1.22B | $546.1M |
| 2023 | $3.27B | $195.9M | $572.4M |
| 2022 | $3.41B | $190.9M | $559.9M |
| 2021 | $2.54B | $179.6M | $530.8M |
| 2020 | $2.27B | $171.3M | $525.0M |
Detailed financial statements for Hawaiian Electric
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Hawaiian Electric
3 dated milestones of Hawaiian Electric across 131 years, from founding to its latest funding, stage changes and deals.
- Founded Hawaiian Electric is founded.
- Funding First funding round of $750K.
- Funding Latest funding round, Debt – Conventional, of $40.0M.
Competitors of Hawaiian Electric
Hawaiian Electric has 3 listed competitors in our database, 1 of them funded. They include Dominion Energy, Enel X and EDF Renewable Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dominionenergy.com | 1983 | United States | 17,700 | Energy production and transportation are conducted by Dominion Energy. | ||
| enelx.com | 2001 | Boston, United States | $168M | 513 | Utility-scale renewable energy projects are developed by Enel X. | |
| edf-re.com | 1987 | San Diego, United States | 997 | Solar and wind energy projects are developed and operated. |
Detailed competitors of Hawaiian Electric
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Web traffic of Hawaiian Electric
The website of Hawaiian Electric (hawaiianelectric.com) receives about 294.6K visits a month and ranks #135,185 among all websites worldwide, #8,443 in Banking Credit and Lending.
- Monthly visits294.6K
▲ 11.3% vs previous month
- Unique visitors120.4K
per month
- Global rank#135,185
among all websites
- Category rank#8,443
Finance · Banking Credit and Lending
- Bounce rate35%
- Pages per visit4.5
- Average visit3 min 03 sec
- DevicesDesktop 43% · Mobile 57%
Websites whose visitors overlap most with Hawaiian Electric. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
hawaiielectriclight.com | hawaiielectriclight.com | 100% | – | ||
| citi.com | 95% | 138.9M | #349 | View details | |
| boardofwatersupply.com | 94% | 102.6K | #316,216 | View details | |
| chase.com | 92% | 198.6M | #125 | View details | |
| americanexpress.com | 89% | 107.4M | #276 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Hawaiian Electric
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- 40 similar websites
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Hawaiian Electric (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | 1,276 | ||
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about Hawaiian Electric
Complete news archive for Hawaiian Electric
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Frequently Asked Questions about Hawaiian Electric
Hawaiian Electric was founded in 1881 and raised its 1st funding round 128 years after it was founded.
Hawaiian Electric is headquartered in Honolulu, United States. It is registered at Honolulu, Hawaii, United States.
Scott Seu is the CEO of Hawaiian Electric, as recorded in our data.
Annual revenue of Hawaiian Electric is $3.21B as on Dec 31, 2024.
Hawaiian Electric was founded in 1881 in Honolulu, United States, and operates within the energy sector as a utility provider. Solar energy projects are developed and integrated into the local grid to support renewable power distribution. Services encompass electricity generation, transmission, and distribution across Hawaii. Focus is placed on sustainable energy solutions amid the regions geographic constraints. Leadership is held by CEO and President Scott Seu.
Hawaiian Electric's top competitors include Enel X, Dominion Energy and EDF Renewable Energy.
Hawaiian Electric offers Electric Supply, Outage Reporting, and Renewable Energy Programs.
Yes, Hawaiian Electric is publicly traded on OTC under the ticker symbol HAWEL.
Hawaiian Electric has 1 investor. Key investors include OSTI.GOV.
Hawaiian Electric operates through Hawaiian Electric Company, Inc..
The website of Hawaiian Electric receives about 295 thousand visits a month and ranks #135,185 among all websites worldwide.