Hawaiian Electric Industries (HE) Q2 FY26 earnings call

Hawaiian Electric Industries is navigating a transitional year, marked by significant progress in wildfire mitigation and regulatory processes, including the approval of its Wildfire Mitigation Plan and the advancement of its rate rebasing request. The company is focused on grid modernization and affordability, evidenced by large-scale competitive procurements for renewable energy and plans to securitize WMP costs. Despite positive credit rating upgrades, the quarter saw a decline in core net income driven by higher operating expenses and interest costs, which the company aims to address throu