comscore NextEra pulls out of three Hawaii energy projects | Honolulu Star-Advertiser
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NextEra pulls out of three Hawaii energy projects

  • STAR-ADVERTISER / OCT. 2015

    A member of 350 Hawaii, left, and Jack Taylor held signs in protest against NextEra Energy outside of HECO at Alakea and King streets. NextEra Energy Inc. filed this week to withdraw from three energy projects in Hawaii after the state rejected its proposed purchase of Hawaii’s largest electric utility.

NextEra Energy Inc. filed this week to withdraw from three energy projects in Hawaii after the state rejected its proposed purchase of Hawaii’s largest electric utility.

On Wednesday, NextEra filed three motions with the state Public Utilities Commission to withdraw from the projects. The company said it no longer plans to participate in:

>> the review of the Hawaii Electric Utilities’ 30-year power-supply plans;

>> the investigation as to whether an Oahu-Maui interisland transmission system may be in the public interest; and

>> a review of a proposed 200-megawatt wind project with Castle & Cooke, LLC on Lanai.

NextEra said it was pulling out of the projects due to the commission’s order denying its purchase of HEI.

“Consequently, (NextEra) no longer intends to participate in this proceeding,” NextEra said in all three of the filings.

In a 2-0 vote, the PUC rejected NextEra’s $4.3 billion purchase of Hawaiian Electric Industries on July 15. On Monday, NextEra and HEI announced the merger contract was terminated.

HEI is the parent company of Hawaiian Electric Co., Maui Electric Co. and Hawaii Electric Light Co.

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