• HEI published its 2025 annual report, highlighting resolution of Maui wildfire tort litigation settlement and start of payments to affected parties following key appeal outcomes.
• Utility operations accelerated wildfire risk reduction, deploying about USD 200 million in mitigation work since 2023 while shifting toward a three-year USD 480 million Wildfire Safety Strategy.
• Clean energy transition advanced to a 37% renewable portfolio standard in 2025, supporting progress toward Hawaii’s 2045 100% renewable energy target.
• Portfolio reshaping continued following divestitures of American Savings Bank and most Pacific Current assets, positioning HEI as a utility-focused holding company centered on Hawaiian Electric.
• Leadership changes included CFO transition to consulting role for Scott DeGhetto, reinstatement of Paul Ito as CFO, and planned departure of board chair Tom Fargo.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HEI - Hawaiian Electric Industries Inc. published the original content used to generate this news brief on April 29, 2026, and is solely responsible for the information contained therein.