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  September 5, 2001
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Home > Company Index > Utilities > Electric Utilities > Hawaiian Electric Industries, Inc.

Hawaiian Electric Industries, Inc.
NYSE: HE
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 PROFILE
When the luau bonfires go out, Hawaiian Electric Industries (HEI) keeps the islands lit up. HEI is the holding company for Hawaiian Electric Company (HECO) and some nonutility subsidiaries. HECO, which is the parent of both Maui Electric and Hawaii Electric Light, serves some 400,000 customers as the sole public electricity provider on the islands of Hawaii, Lanai, Maui, Molokai, and Oahu. The company's utility businesses account for nearly 75% of sales. Nonutility businesses include American Savings Bank (with 68 retail branches in the state), investment and real estate firms, energy-related services providers, and a subsidiary that invests in power projects in Asia and the Pacific.

 COMPETITION
The AES Corporation (AES)
BancWest Corporation (BWE)
Pacific Century Financial Corporation (BOH)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,719.00
1-Yr. Sales Growth: 12.8%
Employees: 3,126
Revenue per employee: $549,904.03

 KEY PEOPLE
• Robert F. Clarke
    CEO
• Robert F. Mougeot
    CFO

 CONTACT INFO
900 Richards St.
Honolulu, HI 96813
US
Phone: 808-543-5662
Fax: 808-543-7966
Online: Web Site

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