Richard has a lot going on right now. This article from Pacific Business News has a good overview of what’s happening at the recently formed company Ku‘oko‘a Inc., where he has been named chairman of the board:
Kuokoa wants to buy HECO’s parent; it would sell American Savings
Pacific Business News – by Sophie Cocke, Pacific Business News
Date: Thursday, January 6, 2011, 8:06pm HST
A company called Kuokoa Inc. has been formed for the purpose of buying all the shares of Hawaiian Electric Industries and converting the publicly traded company into a private concern.
Honolulu-based Hawaiian Electric Industries is the holding company for American Savings Bank, Hawaiian Electric Co. on Oahu, Maui Electric Co. on Maui and Hawaii Electric and Light Co. on the Big Island.
If successful, Kuokoa CEO Roald Marth said the company would sell American Savings Bank.
Kuokoa is being led by Chairman Richard Ha, who is owner of Hamakua Springs Country Farms on the Big Island; President Ted Peck, who has resigned his position as the state’s energy administrator; and CEO Marth, who is a venture capitalist with an international reputation. Peck’s last day as Hawaii’s energy administrator is Friday.
Read more: Kuokoa wants to buy HECO’s parent; it would sell American Savings | Pacific Business News
OK I’m officially excited. You are a doer,- – not just a talker. Good Luck!
Aloha Tom
We want to line up the needs of the utility and the need of the people for low cost electricity. This means maximizing geothermal.