Glancy Binkow & Goldberg LLP is Investigating Hawaiian Electric Industries, Inc. Board of Directors

Glancy Binkow & Goldberg LLP is investigating potential claims against the Board of Directors of Hawaiian Electric Industries, Inc. (“Hawaiian Electric” or the “Company”) (NYSE:HE) related to the proposed sale of the Company to NextEra Energy, Inc. (NYSE:NEE). The transaction is valued at approximately $2.6 billion. The Company’s shareholders will receive 0.2413 NextEra shares and a one-time cash dividend payment of $0.50 per share of Hawaiian Electric common stock they own.

This investigation concerns whether the Board of Directors of Hawaiian Electric breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction.

If you are a shareholder of Hawaiian Electric, if you have information or would like to learn more about our investigation, or if you wish to discuss your rights or interests with respect to these matters, please contact Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by email to shareholders@glancylaw.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.