POSTED: 5:32 p.m. HST, Jan 30, 2013
LAST UPDATED: 11:23 p.m. HST, Jan 30, 2013
Ku'oko'a Inc. had a big idea to buy Hawaiian Electric Industries and convert the state's main utility rather quickly to generate only renewable energy at a savings to consumers.
But that effort is dead.
Most executives and board directors have left the roughly 2-year-old company, including two of its three co-founders.
The company no longer intends to pursue buying Hawaiian Electric, but will continue efforts to help reduce Hawaii's dependence on renewable energy, according to Aaron Landry, Ku'oko'a's chief operating officer.