8-K current report · filed Jul 31, 2026

HAWAIIAN ELECTRIC INDUSTRIES INC (HE) 8-K Current Report: July 31, 2026

Item 1.01HE overview

Short answer

HAWAIIAN ELECTRIC INDUSTRIES INC (HE) filed an 8-K current report with the SEC on July 31, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). 30-year PPA for 208 MW, replacing the Amended PPA after expected early-2033 termination.

HAWAIIAN ELECTRIC INDUSTRIES INC 8-K event analysis

AI summary of each reported item and its exhibits

Item 1.01 · Entry into a Material Definitive Agreement

  • 30-year PPA for 208 MW, replacing the Amended PPA after expected early-2033 termination
  • Kalaeloa repowering enables fuel flexibility and renewable-energy qualification under Hawaii standards
  • Fixed capacity charge reduced to $93/kW annually from $100/kW, lowering Hawaiian Electric’s contracted capacity cost
  • Additional charges include $0.004/kWh variable O&M, $96/kW fixed O&M, and $300/hour overhaul fees
  • Effectiveness contingent on acceptable Hawaii PUC approval, with termination rights if approval deadlines or conditions fail

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