Harbert Management completed the acquisition of a Hawaiʻi Island Power Plant from Hawaiian Electric Industries.

Harbert Management, an investment management firm, completed the acquisition of a Hawaiʻi Island Power Plant from Hawaiian Electric Industries, a supplier of electricity. Financial terms were not disclosed. “Harbert has enjoyed a long relationship with Hawaiian Electric and looks to build on that through this acquisition. We are excited to be a part of the state’s energy future and to serve the residents of the Island of Hawaiʻi,” Claude Estes, Harbert Senior Managing Director and Head of Infrastructure.