Ku’oko’a continues to attempt takeover of HEI

By Henry Curtis Ku’oko’a announced that it wanted to buy Hawaiian Electric Industries (HEI), the owner of three of the four electric utilities in the State: HECO (O`ahu County), MECO (Maui County) and HELCO (Hawai`i County). Ku’oko’a plans to sell off HEI’s American Savings Bank and focus on replacing HECO’s, MECO’s and HELCO’s diesel and petroleum  generators with new geothermal facilities.