Saturday, May 28, 2022
Hawai'i Free Press

Current Articles | Archives

Wednesday, October 21, 2015
Union Reverses Itself: Now Backs NextEra Merger
By News Release @ 1:27 PM :: 4246 Views :: Energy, Labor

THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 1260 MOVES TO SUPPORT NEXTERA ENERGY IN THE COMPANY’S PROPOSED ACQUISITION OF HAWAIIAN ELECTRIC INDUSTRIES

News Release from IBEW Local 1260

Honolulu, Hawaii (October 20, 2015) – The International Brotherhood of Electrical Workers Local 1260 is announcing its support of NextEra Energy in the Company’s proposed acquisition of Hawaiian Electric Industries. The announcement comes after several months of intense negotiations dating back to the initial announcement of the proposed merger in December of 2014.

Local 1260 Business Manager / Financial Secretary Brian Ahakuelo led negotiations on behalf of the Union with NextEra Hawaii President Eric Gleason representing the Company as they came to a written agreement that meets the needs of current and future members of the Hawaiian Electric Companies’ bargaining unit and strongly adheres to the core values of the IBEW. NextEra Energy also agrees to honor and recognize that IBEW Local 1260 is the sole and exclusive bargaining agent for all bargaining unit members at Hawaiian Electric, Maui Electric and the Hawaii Electric Light Companies. Negotiations were structured in such a manner as to protect those members, their families, and their communities with heavy consideration given to the needs and concerns of the state’s energy consumers.

If approved, the merger will be the largest in Hawaii history; and coupled with the mandate that Hawaii become a 100% renewable energy state by 2045, the Union and Company were determined to forge a mutually beneficial agreement that would also serve the best interest of Hawaii’s evolving electrical utility industry, both now and into the future. Both organizations were also aware that because Hawaii’s 100% renewable energy mandate is the first-of-its-kind across the nation, the outcome of their negotiations would contribute to the development of an energy model that could one-day set the standard for other jurisdictions to follow across the United States.

“I am very proud to see that this lengthy and exhaustive process has culminated in an agreement that best serves not only Local 1260 and NextEra Energy,” said Ahakuelo, “but also provides protections for our members and their families, has great benefits for our communities, and will deliver both short and long-term cost benefits to energy consumers across this state.”

#      #      #

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

ACA Signups Hawaii

Alliance Defending Freedom

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Astronomy Hawaii

Back da Blue Hawaii

Ballotpedia Hawaii

Better Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

ChinaTownWatch.com

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Advocates

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Life Alliance

Hawaii March for Life

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

HIEC.Coop

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Mauna Kea Recreational Users Group

MentalIllnessPolicy.org

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport

Obookiah

OHA Lies

Opt Out Today

OurFutureHawaii.com

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Save Dillingham Airfield

School Choice in Hawaii

SenatorFong.com

Sink the Jones Act

Statehood for Guam

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT