November 20, 2009

ASBESTOS ALERT: Hawaiian Electric Cites $23M ARO at Sept. 2009

COMPANIES: Hawaiian Electric Co Inc | Hawaiian Electric Industries Inc
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Hawaiian Electric Industries, Inc.’s subsidiary, Hawaiian Electric Company, Inc. (HECO), as of September 2009, recorded an asbestos-related asset retirement obligation of US$23 million.

In July 2009, HECO hired a hygienist to conduct an inspection at HECO’s Honolulu power plant to determine…

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LOCATIONS: Hawaii | United States