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Hawaiian Electric's $1 Billion Power Project Is in a Flood Zone
The flood-zone change could force stricter resilience standards and complicate federal financing as HECO seeks to recover the full project cost from customers.
Hawaiian Electric Co.'s $1 billion upgrade to the Waiau power plant faces a new challenge. A public comment revealed the plant is now in a 100-year flood zone, which could impact building permits and federal funding. FEMA's new flood maps,…