Hawaiian Electric Industries (HE) Announces Common Stock Offering
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HEI Announces Common Stock Offering
September 23, 2024 5:07 PM EDTHONOLULU--(BUSINESS WIRE)-- Hawaiian Electric Industries, Inc. (NYSE: HE) (HEI or the Company) today announced it intends to make an offering of $500,000,000 of shares of its common stock. The Companys common stock is listed on the New York Stock Exchange under the symbol HE.
The Company intends to grant the underwriters of the offering an option to purchase up to an additional $75,000,000 of shares of common stock at the public offering price less underwriting discounts and commissions.
HEI intends to use the net proceeds from the offering to fund its contribution to the... More
