Hawaiian Electric Company Extends Petroleum Fuels Supply Agreement Through January 31, 2029, With Automatic One-Year Extensions Starting February 1, 2029
Portfolio Pulse from Benzinga Newsdesk
Hawaiian Electric Company has extended its petroleum fuels supply agreement through January 31, 2029, with automatic one-year extensions starting February 1, 2029.

August 19, 2024 | 7:09 pm
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Hawaiian Electric Company has secured a long-term petroleum fuels supply agreement, ensuring fuel stability through January 31, 2029, with automatic extensions starting February 1, 2029.
The extension of the petroleum fuels supply agreement provides Hawaiian Electric with a stable fuel source, which is crucial for its operations. This stability can positively impact the company's operational efficiency and cost management, potentially leading to favorable investor sentiment.
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