Pulama Lanai ends talks about acquiring Hawaiian Electric Lanai utility

Hawaiian Electric and Pulama Lanai have ended discussions about a potential sale of the electric system on Lanai, which will continue to be owned and operated by the utility.

Land management company Pulama Lanai, which manages Larry Ellison’s interests, approached and explored the sale of Hawaiian Electric’s Lanai utility assets after Hawaiian Electric issued a request for proposals for renewable energy projects on the island. The deadline for responding to the RFP was postponed because of the…

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