Hawaiian Electric Industries (HE) Tops Q4 EPS by 10c, Revenues Miss

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HEI Reports 2019 Results

February 13, 2020 6:00 AM EST

HONOLULU, Feb. 13, 2020 /PRNewswire/ --

2019 Highlights:

Solid consolidated earnings with net income growth from both the utility and bank Hawaiian Electric2 delivered on strategic priorities: Achieved 28% of electricity sales from renewable sources; on track to meet or exceed goal of 30% in 2020 Integrated nation's highest level of rooftop solar penetration, at 19% of residential customers Completed 20 megawatt West Loch Solar project, contributing to 21% increase in solar capacity in 2019 Secured lowest cost renewables to date for Hawaii customers Launched one of the largest... More