HONOLULU--(BUSINESS WIRE)--Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE), the parent company of Pacific Current, LLC (Pacific Current), today announced the closing of the sale of Pacific Current’s solar and battery storage assets to Fortistar and Epic Star Energy (Epic Star). The transaction is not expected to be material to HEI’s financial statements. The sale includes all of Pacific Current’s operating solar and battery energy storage facilities on Kauai, Oahu and Maui. The transaction
Related Questions
How does this transaction compare to recent M&A activity among other utility peers in the region?
How might the market interpret the statement that the transaction is not material to HEI’s financials?
What impact, if any, will the transaction have on HEI's dividend outlook?
How will the divestiture of solar and battery assets affect HEI's future earnings and cash flow forecasts?
Will the sale lead to any immediate adjustments in HEI's balance sheet or credit metrics?
Could this sale signal a strategic shift for HEI away from island renewable projects?
Will the removal of operating solar and battery facilities on Kauai, Oahu, and Maui affect HEI's generation mix and regulatory filings?
How might the market’s perception of HEI’s growth prospects change in light of this asset disposal?
Does the pricing of the assets provide insight into HEI’s valuation for its renewable portfolio?
Are there any potential tax or regulatory implications that could affect HEI’s cost structure post‑sale?