Hawaii Sells $168M In Bonds For Airport Energy Project

Law360, New York (December 19, 2013, 4:54 PM EST) -- Hawaii raised $167.7 million in a municipal bond sale to help fund its energy efficiency overhaul at the islands’ airports, a step that highlights the state’s efforts to bring overall clean energy usage up to 70 percent by 2030, according to a Wednesday statement.

The project is expected to reduce energy usage at Hawaii’s 12 airports by 49 percent and create $518 million in energy cost savings over the next 20 years through the implementation of energy-efficient and green technology, according to the statement. Within two...
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