HEI's Hawaiian Electric seeks renewable energy and storage proposals
The solicitation seeks nearly 1,650 GWh of renewable energy, 465 MW of storage, and 111 MW of firm capacity, plus up to 500 MW more on O'ahu.
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In short: HEI reached significant legal milestones by finalizing a $2 billion wildfire settlement and resolving a $100 million shareholder suit.
The solicitation seeks nearly 1,650 GWh of renewable energy, 465 MW of storage, and 111 MW of firm capacity, plus up to 500 MW more on O'ahu.
The event begins at 4:30 PM ET, with webcast, presentation, and transcript available.
Core EPS was $0.18, with $31.0 million core income; the first Maui wildfire settlement payment was made.
The company reported core net income of $149.3 million, awaits a pending appeal on the Maui settlement, and plans a joint rebasing proposal by March 6.
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