– by Duane Shimogawa, April 20, 2016, Pacific Business News
Hawaiian Electric Co. and Alexander & Baldwin Inc. may be working on a deal where the Honolulu-based utility would utilize A&B subsidiary Hawaiian Commercial and Sugar Co.’s land for possible renewable energy projects as the 36,000-acre plantation shifts out of farming sugar, the head of HECO confirmed to PBN.
In January, A&B, one of the state’s largest landowners, said it was transitioning out of farming sugar at its HC&S plantation on the Valley Isle to move toward diversified agriculture. The transition will lead to the laying off of nearly all of the plantation’s 675 employees. In March, HC&S laid off nearly 100 employees as the company began to wind down its sugar operations.