12 West Capital Management Acquires 1.85 Million Shares of Hawaiian Electric Industries for $22.75 Million

12 West Capital Management LP acquired 1.85 million shares of Hawaiian Electric Industries (HE) in a transaction valued at $22.75 million. This represents 2.71% of the fund's reportable assets under management. HE is a diversified utility holding company with operations spanning electric utilities, banking, and renewable energy investments in Hawaii. The company serves residential, commercial, and governmental customers across multiple Hawaiian islands. The recent acquisition by 12 West Capital Management LP indicates a positive outlook for Hawaiian Electric Industries.