Wind

Hawaiian Electric merger wins support from shareholders

Hawaiian Electric Industries (HEI) shareholders have approved a $4.3bn merger proposal with NextEra Energy, a transaction that both companies claim would help accelerate the state’s renewable energy development and ease its dependence on high-cost imported fossil fuels.

Upolu Point Wind Farm in Hawaii. HEI had 21% of renewable power in its total sales last year
Upolu Point Wind Farm in Hawaii. HEI had 21% of renewable power in its total sales last year
Published 11 June 2015, 00:48Updated 28 September 2016, 09:34