HEI Q2 net income $26M; Hawaii governor signs wildfire liability cap & securitization law

HAWAIIAN ELECTRIC INDUSTRIES INC

2025-Q2 EPS reported $0.31 revenue$1,490,462,000

Core EPS from continuing ops $0.20 vs $0.26 in Q2 2024; GAAP EPS $0.15.
Hawaiian Electric net income $39M vs net loss of $1,229M in Q2 2024 driven by prior year wildfire accrual.
Governor Green signed law appropriating state funds for Maui wildfire settlement, directing PUC to establish future liability cap and authorizing $500M securitization for wildfire safety.
Utility declared $10M dividend to HEI; sale of Pacific Current solar/battery assets with $5M earnings impact.

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