Hawaiian Electric Industries

1. Geopolitical Risk: Hawaiian Electric Industries is heavily tied to the state of Hawaii and the health of the Hawaiian economy. Changes in the political landscape or negative external events can negatively affect the performance of Hawaiian Electric Industries.

2. Regulatory Risk: Hawaiian Electric Industries is subject to numerous federal, state and local regulations related to safety, tariffs, customer operations, environmental standards, and much more. Unfavorable or sudden changes in these regulations can have negative effects on Hawaiian Electric Industries’ operations.

3. Natural Disasters: Being located in Hawaii, Hawaiian Electric Industries is exposed to natural disasters such as hurricanes, floods, and earthquakes. These events can cause significant damage to electrical systems and equipment, resulting in significant financial losses for Hawaiian Electric Industries.

4. Competition: Hawaiian Electric Industries is subject to competition from other players in the energy sector, including other public utilities, private companies, and renewable energy providers. This competition can lead to lower margins and decreased market share for Hawaiian Electric Industries.

5. Economic Fluctuations: Hawaiian Electric Industries is sensitive to economic shifts, with its performance mirroring changes in the overall economy. Negative economic pressures can cause a decrease in demand for electricity and adversely affect Hawaiian Electric Industries’ financial results.