Hawaiian Electric Co.
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Press Releases
Wärtsilä to help ensure reliable power supply in challenging Hawaii conditions through Smart Technologies
Clean, secure, and uninterrupted power is at the core of Hawaiian Electric’s 50-megawatt Schofield Generating Station. Wärtsilä has signed a Maintenance and Operational advisory agreement for the power plant, located on the island of Oahu, 40 kilometres from Honolulu. The agreement will help the utility to maximize the availability and efficiency of the power plant. […]
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Legal & Regulatory
NextEra Energy Cans Deal to Acquire Hawaiian Electric
NextEra Energy announced on July 18 that it has terminated plans to merge with Hawaiian Electric Industries (HEI). Not surprisingly, NextEra Energy said the decision was driven by the Hawaii Public Utilities Commission’s (PUC’s) 2–0 decision on July 15 to dismiss the Joint Application for the Change of Control filed by the companies. “As a […]
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Business
NextEra Energy: A Tale of Two, and Maybe Three, Companies
NextEra Energy consists of a traditional, vertically integrated electric utility with a heavy reliance on nuclear and natural gas—Florida Power & Light—and an aggressive foray into renewable energy outside of Florida—NextEra Energy Resources. Given its recent bid for Hawaii’s electric utility, which has a legacy of oil-fired generation and a state commission pushing renewables, NextEra […]