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Hawaiian Electric owns more than 9,800 miles of transmission and distribution lines across the five islands we serve. Of that total, about 43 percent of the lines are underground.
MECO is the provider of electric utility services on the islands of Maui, Lanai and Molokai. HELCO is the provider of electric utility services on the island of Hawaii. Hawaii Gas provides utility gas services in the state of Hawaii. YB is a water carrier that transports goods and products among the Hawaiian islands.
0124 BlackRock Inc. has filed an SC 13G form with the Securities and Exchange Commission (SEC) disclosing ownership of 10,211,814 shares of Hawaiian Electric Industries, Inc. (US:HE). This represents 9.3 percent ownership of the company.
Each of Hawaii's six main islands has its own electrical grid, not connected to any other island. Hawaiian Electric Company (HECO) and its subsidiaries, Maui Electric Company (MECO) and Hawaii Electric Light Company (HELCO), serve about 93% of the state's electric utility customers.
Except for a couple megawatts of solar power from Ellison's La Ola solar photovoltaic farm, Lanai's grid largely runs on nine ultra-low-sulfur diesel generators with a total output of 9.4 megawatts providing power to 3,000 residents, many of whom are low-income residents on a fixed income.
Top 10 Owners of Hawaiian Electric Industries Inc StockholderStakeShares ownedThe Vanguard Group, Inc.11.40%12,493,096BlackRock Fund Advisors8.43%9,239,367Nordea Investment Management AB (...3.64%3,984,441SSgA Funds Management, Inc.3.43%3,759,0966 more rows
HECO purchased Maui Electric Company in 1968.