Hawaiian Electric Industries Newswire

Hawaiian Electric Industries Newswire

Comprehensive Real-Time News Feed for Hawaiian Electric Industries.

Results 1 - 20 of 504 in Hawaiian Electric Industries

  1. Florida-based NextEra pulls out of Hawaii energy projectsRead the original story w/Photo

    Saturday Jul 23 | Hawaii Tribune-Herald

    HONOLULU - Florida-based NextEra Energy is further cutting its ties with Hawaii after ending its plans to merge with Hawaiian Electric Industries.

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  2. NextEra pulls out of three Hawaii energy projectsRead the original story

    Friday Jul 22 | The Honolulu Advertiser

    ... denying its purchase of HEI. 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.

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  3. Three blind LNG miceRead the original story w/Photo

    Friday Jul 22 | Castanet.net

    ... the Hawaii Public Utilities Commission nixed NextEra Energy's proposed $4.3 billion purchase of Hawaiian Electric Industries. The decision effectively scuttled a 20-year agreement for Fortis to sell LNG to Hawaiian Electric that had been announced ...

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  4. Hawaiian Electric Industries Inc. (HE) Trading Down 6.2%Read the original story w/Photo

    Wednesday Jul 20 | Daily Political

    Shares of Hawaiian Electric Industries Inc. fell 6.2% during mid-day trading on Monday . The stock traded as low as $30.41 and last traded at $30.46, with a volume of 1,558,405 shares trading hands.

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  5. Groups push co-op utility after failed utility mergerRead the original story w/Photo

    Wednesday Jul 20 | Hawaii Tribune-Herald

    HONOLULU - People are talking about what's next for the state's largest utility now that a merger between NextEra Energy and Hawaiian Electric Industries failed.

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  6. Hawaii groups push co-op utility after failed mergerRead the original story

    Tuesday Jul 19 | Rocky Mount Telegram

    ... network for up to $214 million, said Sarah Huntley, spokeswoman for the City of Boulder. Hawaiian Electric Industries doesn't have a comment on the idea of a co-op utility model in Hawaii, said Cliff Chen, manager of investor relations. Hawaii ...

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  7. Hawaiian Electric Industries Inc. (HE) Sees Strong Trading VolumeRead the original story w/Photo

    Tuesday Jul 19 | Daily Political

    Hawaiian Electric Industries Inc. shares saw an uptick in trading volume on Tuesday . 1,509,990 shares were traded during trading, an increase of 63% from the previous session's volume of 926,146 shares.The stock last traded at $30.18 and had previously closed at $30.10.

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  8. What's next for HEI?Read the original story w/Photo

    Tuesday Jul 19 | The Honolulu Advertiser

    Gov. David Ige said he has been approached by more than one company looking to buy Hawaiian Electric Industries Inc. after Flor ida-based NextEra Energy Inc. terminated its bid for the electrical utility. Ige disclosed the overtures after NextEra walked away from HEI on Monday morning following state regulators' rejection of the proposed $4.3 billion sale.

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  9. Hawaiian Electric withdraws request for approval of LNG contractRead the original story w/Photo

    Tuesday Jul 19 | The Honolulu Advertiser

    The state's electric utility said it canceled a contract for the use of liquefied natural gas for power generation due to the termination of the proposed merger with NextEra Energy Inc. The state's electric utility said it canceled the contract due to the termination of the proposed merger with NextEra Energy Inc. State regulators last week rejected Florida-based NextEra's $4.3 billion purchase of Hawaiian Electric Industries, the parent company of Hawaiian Electric Co., Maui Electric and Hawaii Electric Light Co. Following the PUC decision, NextEra walked away from HEI on Monday.

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  10. Spinoff of American Savings Bank CanceledRead the original story w/Photo

    Tuesday Jul 19 | American Banker

    Hawaiian Electric Industries has nixed a plan to spin off its American Savings Bank subsidiary after utility regulators rejected Hawaiian Electric's sale to an out-of-state energy company. Expect banks to pull back on energy lending in the near term, as regulators step up their scrutiny of oil loans and bankers approach the business with a "different attitude," says Mariner Kemper, chairman and chief executive at UMB Financial in Kansas City, Mo.

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  11. What's next for HEI?Read the original story

    Tuesday Jul 19 | The Honolulu Advertiser

    Gov. David Ige said he has been approached by more than one company looking to buy Hawaiian Electric Industries Inc. after FlorA ida-based NextEra Energy Inc. terminated its bid for the electrical utility.

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  12. CorrectionsRead the original story

    Tuesday Jul 19 | The Honolulu Advertiser

    ... or comment about news coverage, call Ed Lynch, managing editor/news, at 529-4758. >> Regarding Hawaiian Electric Industries Inc. and its subsidiary American Savings Bank, Macquarie Capital USA Inc. analyst Andrew Weisel said, "Though utility ...

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  13. Hawaiian Electric Industries Hawaiian Electric Industries Will Move Forward as an Independent CompanyRead the original story w/Photo

    Monday Jul 18 | Electric Energy Online

    Hawaiian Electric Industries, Inc. reaffirmed its financial and operational strength as a stand-alone company and its 2016 earnings per share guidance range of $1.62 to $1.75 per share. HEI further outlined its plans for the future as an independent company, following the termination of its proposed merger with NextEra Energy.

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  14. NextEra Energy, Inc. NextEra Energy and Hawaiian Electric Industries...Read the original story w/Photo

    Monday Jul 18 | Electric Energy Online

    NextEra Energy, Inc. and Hawaiian Electric Industries, Inc. announced the termination of their plans to merge, effective immediately. The decision was driven by the Hawaii Public Utilities Commission's order to dismiss the companies' merger application.

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  15. Kumu Kahua Theatre Presents Kala-Bash 2016 Fundraiser and Silent Auction TonightRead the original story

    Monday Jul 18 | BroadwayWorld.com

    ... id for in part by The Hawai'i Tourism Authority, McInerny Foundation (Bank of Hawaii, Trustee); Hawaiian Electric Industries (HEI) Charitable Foundation and Hawaiian Electric Company; The Star Advertiser and other Foundations, Businesses and Patrons.

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  16. HEI stock tumbles, but it could have been worse, analyst explainsRead the original story w/Photo

    Monday Jul 18 | Business Journal

    The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals. Hawaiian Electric Industries Inc. saw its share price fall over 7 percent on Monday, and it could have plummeted further but benefited from a strong utility market, said Charles Fishman , an analyst with Morningstar.

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  17. Hawaii's business climate shouldn't be blamed for failed merger, ex-regulator saysRead the original story w/Photo

    Monday Jul 18 | Business Journal

    ... environment" in Hawaii. "Thus, we think [Hawaiian Electric and American Savings Bank parent, Hawaiian Electric Industries Inc. (NYSE: HE)] will go forward as an independent utility and bank serving Hawaii at least for the foreseeable future," the ...

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  18. NextEra Ends $2.63 Billion Hawaii Deal as Regulator Says NoRead the original story

    Monday Jul 18 | The Washington Post

    NextEra Energy Inc. canceled its $2.63 billion bid to purchase Hawaiian Electric Industries Inc., and may now concentrate on efforts to buy the largest power distributor in Texas. NextEra will pay Hawaiian Electric a $90 million breakup fee and as much as $5 million for expenses related to the failed takeover, the companies said Monday in a joint statement.

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  19. Hawaiian Electric Industries Inc. (HE) Trading Down 6.2%Read the original story w/Photo

    Monday Jul 18 | Daily Political

    Shares of Hawaiian Electric Industries Inc. traded down 6.2% on Monday . The company traded as low as $30.41 and last traded at $30.46, with a volume of 1,558,405 shares traded.

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  20. Hawaii rejects Florida utility's buyout offer after concerns about costs, clean energyRead the original story w/Photo

    Monday Jul 18 | St. Petersburg Times

    NextEra energy, the parent company of Florida's largest electric utility, canceled its $2.63 billion bid to purchase Hawaiian Electric Industries Inc. Monday after the deal was rejected last week by Hawaiian state regulators. NextEra will pay Hawaiian Electric a $90 million breakup fee and as much as $5 million for expenses related to the nearly two-year review that led to the failed takeover, the companies said Monday in a joint statement.

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