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Hawaiian Electric Industries sold its 60-megawatt Hamakua Energy Plant, shifting focus to core utility business.
Hawaiian Electric Industries (HEI) sold its 60-megawatt Hamakua Energy Plant on Hawaii's Big Island to Harbert Management Corporation.
Financial details were not disclosed, and HEI noted the sale won't significantly impact its finances.
The plant, which provides about a third of the Big Island's peak electricity, was previously offline due to mechanical issues causing rolling blackouts.
HEI is focusing on its core utility business after selling other assets.
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Industrias Eléctricas Hawaianas vendió su planta de energía Hamakua de 60 megavatios, cambiando el enfoque al negocio de servicios básicos.