Katie Arcieri Senior Reporter – bloomberglaw.com

  • Hu Honua filed its third amended complaint for damages
  • Plaintiffs first sued in 2016 over terminated agreement

A Hawaii-based power supplier is accusing Hawaiian Electric Industries Inc. of unlawfully terminating its power-purchase agreement, leading to millions of dollars in lost profits.

The complaint, filed this week in the US District Court for the District of Hawaii, seeks more than $1 billion in damages allegedly caused by the cancellation of the agreement between Hu Honua Bioenergy LLC and the state electricity supplier in 2016, leading to a delayed transition to renewable energy as mandated by state law.

To read in full, please click here.