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Hawaiian Electric Industries Inc.

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Hawaiian Electric continues to invest in utility infrastructure development projects and focus on expanding its renewable assets, which will enable it to meet government regulations and drive growth over the long haul. The company is also on track with the Hawaii Clean Energy Initiative to generate 100% of its energy needs from renewable sources by 2045. The company's fourth-quarter 2015 earnings came ahead of the Zacks Consensus Estimate with operating income increasing 22.1% and total expenses declining 25.1% year over year. Yet, its revenue declined 21% year over year primarily owing to lower contribution from Electric Utility.

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