Building local partnerships to invest in clean energy and sustainability projects as a part of HEI’s strategy to be a catalyst for a better Hawai‘i
OUR MISSION
Our mission is to accelerate Hawai‘i’s sustainability goals in a socially, economically and environmentally friendly way. We do this by investing local capital in long-term, sustainable infrastructure across the Hawaiian Islands.
We believe that investing in sustainable infrastructure is key in tackling three central challenges facing the Hawai‘i community: dependence on imported oil, inequitable access to clean technology solutions, and the risk of climate change.
OUR FOCUS
As a tier-one subsidiary of Hawaiian Electric Industries, our mission provides a broad investment strategy that expands well beyond the energy sector.
Areas of Interest
- Energy and Renewables
- Transportation Electrification
- Batteries and other storage technologies
- Water and Waste
- Agriculture and Hydroponics
MAUO
- Totaling 10.5 MW of solar PV and 41.8 MWh of battery energy storage
- In partnership with the University of Hawai‘i and Johnson Controls, we are enabling five of the University of Hawai‘i Community College campuses to get closer to their net-zero goals (> 90%). Pacific Current is the long-term owner and operator of these solar + storage systems.
HAMAKUA
- 60-megawatt power plant in Honoka‘a on Hawai‘i Island acquired in 2017
- The plant can provide 22 percent of Hawai‘I Island’s generating capacity
- This asset creates a great opportunity to be more progressive when it comes to finding and using greener, more local and hopefully lower cost fuel sources.