06-22-2012, 07:58 AM
Slightly off topic, however, in researching this issue, I found this document:
http://theormatstory.wikispaces.com/file...anding.pdf
It is dated, 1989, but can someone please decipher what the heck is going on, if HEI bought 50% of PGV, why does HELCO put out an RFP when the parent company is part owner of the only existing developer here in Hawaii(IF this document is accurate and the deal went through.)?
Is it just "going through the process", and awarding ORMAT/PGV all future contracts? I'm lost in this madness...Anyone? Sure would appreciate some facts with these ongoing geothermal discussions.
Bottom line question: Does anyone know if HEI really owns 50% of PGV??? Thank you.
http://theormatstory.wikispaces.com/file...anding.pdf
It is dated, 1989, but can someone please decipher what the heck is going on, if HEI bought 50% of PGV, why does HELCO put out an RFP when the parent company is part owner of the only existing developer here in Hawaii(IF this document is accurate and the deal went through.)?
Is it just "going through the process", and awarding ORMAT/PGV all future contracts? I'm lost in this madness...Anyone? Sure would appreciate some facts with these ongoing geothermal discussions.
Bottom line question: Does anyone know if HEI really owns 50% of PGV??? Thank you.