ASBESTOS UPDATE: Hawaiian Electric Posts $49.19MM ARO at June 30
Hawaiian Electric Industries, Inc.’s Hawaiian Electric Company subsidiary recorded asset retirement obligations of US$49,191,000 as of June 30, 2011, compared with US$36,019,000 as of June 30, 2010.
HECO recorded AROs of US$48,714,000 as of March 31, 2011, compared with US$23,985,000 as…