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Letter to Alan Oshima, President and Chief Executive Officer of Hawaiian Electric Company (“HECO”), Regarding HEI New Subsidiary Pacific Current
Dear Mr. Oshima: The Commission received a press release issued by Hawaiian Electric Industries, Inc. ("HEI"), dated September 20, 2017, stating that HEI has established a new subsidiary, Pacific Current, which has agreed to purchase the Hamakua Energy Partners ("HEP") power plant on Hawaii Island, "for an undisclosed price." The HEP power plant provides energy…