Hawaiian Electric Industries sells Big Island power plant [Yahoo! Finance]
Hawaiian Electric Industries, Inc. (HE)
Last hawaiian electric industries, inc. earnings: 11/1 06:00 am
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Source: Yahoo! Finance
The parent company of Hawaiian Electric no longer owns a Hawaii island power plant that had major operational problems in 2024 and was a drain on recent company finances. Hawaiian Electric Industries Inc. on March 10 sold the Hamakua Energy Plant to a subsidiary of Alabama-based Harbert Management Corp. A price was not disclosed, but HEI said the sale is not expected to have a material impact on company finances. The 60-megawatt plant was the second-biggest power generation facility on Hawaii island, and unexpected shutdowns in 2024 contributed to a $55 million operating loss in 2024 for the HEI subsidiary that owned the plant. HEI said in a recent financial report that the $55 million operating loss in 2024 for subsidiary Pacific Curre
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HE
News
- Innergex Reaches Commercial Operation of the Hale Kuawehi Solar and Battery Storage Project in Hawaii [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- After Lahaina fire, Hawaii residents focus on becoming ‘Firewise' [Los Angeles Times (CA)]Los Angeles Times
- After Lahaina fire, Hawaii residents address their risk by becoming 'Firewise' [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- HEI Subsidiary Sells Hawai?i Island Power Plant to Experienced Plant OperatorBusiness Wire
- Hawaiian Electric upgraded by Evercore as settlement prospects strengthen [Yahoo! Finance]Yahoo! Finance
HE
Earnings
- 2/21/25 - Miss
HE
Sec Filings
- 3/28/25 - Form ARS
- 3/28/25 - Form DEFA14A
- 3/28/25 - Form DEF
- HE's page on the SEC website