Paniolo Power prevails in the PUC’s rejection of the sale of the Hamakua Energy Project to HELCO

On February 12, 2016 HELCO filed a request with the PUC to purchase the Hamakua Energy Partners Power Plant, a 60MW fossil-fueled combined cycle generation facility. On March 3, 2016 Paniolo Power intervened in the docket and was granted participant status. Paniolo Power was an active participant in the docket and recommended that the sale of the HEP plant to HELCO should be denied on the basis that the purchase price is too high and that the purchase was not in the best interest of the utility ratepayers. On May 4, 2017, the PUC denied the sale the sale of the HEP Plant to HELCO, citing many of the issues presented by Paniolo Power.

View the Docket: Dkt 2016-0033 20170504 Decision and Order No. 34536 (PDF 3.4 MB)