Hawaiian Electric: 'Walk away' deadline won't kill NextEra merger …

The companies face a June 3 deadline to walk away from the deal without a termination fee, but Hawaiian Electric said talks can continue. The Hawaii PUC hopes to have a decision by the …

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NextEra, Hawaiian Electric Say Passed Deadline Does Not End Their …

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Jun 6, 2016 · NextEra has proposed to buy Hawaiian Electric for $4.3 billion, and the sale was approved by Hawaiian Electric's shareholders a year ago ... NextEra, Hawaiian Electric say …

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NextEra Ends Merger Deal, Will Pay Hawaiian Electric $95 Million

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Jul 18, 2016 · NextEra Energy Inc. has ended its plan to buy Hawaiian Electric Industries Inc. and will pay the state's largest utility $95 million in "break-up" fees and other costs, the two …

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NextEra’s Pursuit Of $2.6 Billion Hawaii Deal Goes Past Deadline ...

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NextEra and Hawaiian Electric agreed to June 3 as a deadline after which either company could walk away from the deal. A NextEra exit would trigger a payment of about $95 million, …

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NextEra Merger Dead, Hawaii Turns To Realizing A 100% Renewables …

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Jul 25, 2016 · On July 15, the Hawaii Public Utilities Commission rejected the application from Florida-based NextEra Energy to acquire Hawaiian Electric Industries (HEI), the parent …

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Hawaiian Electric, NextEra Merger Faces MajorTroubles

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Jul 28, 2015 · NextEra Energy’s $4.3 billion bid to buy Hawaiian Electric Industries faces big, perhaps insurmountable, obstacles before the Hawaii Public Utilities Commission, which …

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FAQs about Hawaiian Electric: 'Walk away' deadline won't kill NextEra merger … Coupon?

Will NextEra Energy merge with Hawaiian Electric Industries?

HAWAIIAN ELECTRIC MERGER NextEra Energy, Inc. and Hawaiian Electric Industries, Inc. are seeking to merge in a $4.3 billion transaction that would fundamentally change the ownership structure of our state’s largest electric utility. ...

Why did the PUC reject NextEra Energy's takeover of Hawaiian Electric Industries?

In a 2-0 vote, the PUC rejected NextEra Energy's proposed $4.3 billion takeover of Hawaiian Electric Industries in an order issued on Friday, saying the merger was not in the public interest and that the companies failed to demonstrate adequate benefits for residents and a commitment to Hawaii's clean energy goals, among other concerns. ...

Will NextEra pay a break-up fee in Hawaii?

But that won't happen in Hawaii. NextEra and Hawaiian Electric announced their termination of the deal Monday morning, saying Ne xtEra will pay a $90 million break-up fee and up to $5 million for reimbursement of expenses associated with the transaction. ...

Will NextEra pay Hawaiian Electric $95 million?

Bloomberg L.P. Archived from the original on April 16, 2019. Retrieved March 17, 2018. ^ Staff Writer (July 18, 2016). "NextEra Ends Merger Deal, Will Pay Hawaiian Electric $95 Million". The Honolulu Star-Advertiser. Archived from the original on March 17, 2018. Retrieved March 17, 2018. ^ Staff Writer (November 30, 2015). ...

Will NextEra merger help Hawaii meet its 100%-renewables-by-2045 mandate?

Concerns over NextEra's track record with renewables at its regulated utility Florida Light & Power caused some stakeholders to argue that the merger would not help Hawaii meet its 100%-renewables-by-2045 mandate. ...