Governor’s Statement on Nextera Energy’s Agreement to Buy Hawaiian Electric Industries

Posted on Dec 3, 2014 in Latest News, Newsroom

HONOLULU – Nextera Energy has agreed to buy Hawaiian Electric Industries in a $4.3 billion deal.

Gov. Ige stated:

“The State of Hawaii will do its due diligence to ensure the sale will be in the best interest for Hawaii Ratepayers.

“I am confident that the Public Utilities Commission and the State Consumer Advocate will review the purchase agreement in its entirety to fully examine all the details.

“Since Hawaiian Electric Company, Inc. was founded by King David Kalakaua, the state will work to maintain the spirit and values that are consistent with the King’s legacy and honors our culture for future generations.”

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