Editorial: HELCO ditching deal with Hu Honua sends bad signal to energy investors

Honolulu Star-Advertiser, June 5, 2016 – Editorial | Island Voices 

By George Martin, Hawaii Division business agent for the ILWU Local 142

With concern, we have watched Hawaiian Electric companies try to cancel agreements

in recent months.

We are puzzled in particular that Hawaii Electric Light Co. on Hawaii island ignores the significant investment and progress made by one in particular — Hu Honua Bioenergy.

Hu Honua has spent about $137 million on the biomass-to-energy facility, which is now nearly 50 percent complete.

That’s right. The project is halfway done and HELCO wants to call it quits. Engineering is complete; components have been purchased and fabricated.

Read full opinion editorial here…