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September 24, 2021

Company Briefs

NextEra to Buy Hawaiian Electric for $2.63B to Bolster Solar, Wind

Dec 9, 2014
NextEra Energy, parent company of Florida Power & Light, announced plans to buy Hawaiian Electric for $2.63 billion, taking over a utility that is losing significant load to renewable competition. NextEra, already North America’s largest generator of wind and solar electricity, was interested in Hawaiian Electric because of the utility’s...
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