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Team

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    1600 x 900 - Plexos (13)-1

      Engagement

      Whether serving in a strategic leadership role, providing relief capacity or augmentation for unavailable local staff, we can support your disaster response and recovery efforts. 

       

      Engaged since:

      August 2023

      Local Team:

      8 employees

       

      Client Contracts:

      Hawaiian Electric Company (HECO)
      Department of Hawaiian Home Lands (DHHL)

      Hawaii Department of Education (HDOE)

       

      Scope of work:

      Funding strategy and program development, technical assistance,
      funding identification, project development, application support, grant management, and federal compliance

       

      Infrastructure Projects Delivered:

      Utilities Resilience

      Water Treatment

      Highways

       

      Plexos Impact

       

      • Identified nearly $5B in potential
        funding
      for clients across Hawai‘i

      • Expected to close nearly $3B in
        financing from USDOE’s Office of
        Energy Dominance Financing (EDF)

      • Developed 19 funding strategies
        and packages
      aligned to agency
        priorities.

       

       

      • Supported legislation through analysis
        and forecasting on leveraging $600M
        in Act 279 (2022) State funds
      to
        build 8,000 housing units

      • Expanded scope of work through
        repeat engagements
      with multiple
        agencies.

      Advanced solutions addressing
        critical challenges in utilities,
        housing, economic development, and
        environmental remediation

      • Managing compliance work on $95M
        DOE grant

      HECO - Advancing Hawai‘i’s Energy Infrastructure Goals

      HECO’s BACKGROUND

      Key Service Provider:
      Provides utilities for 95% of residents across Hawai‘i, Maui, Lāna‘i, Moloka‘i,
      O‘ahu, all U.S. armed forces, and 14 military installations which require services 24/7

      Magnitude:
      Suffered billions of dollars in economic loss to natural and physical assets including
      property damage, infrastructure assets, and business interruption

      Critical Need:
      Secure funding to rebuild and enhance the resilience of Hawaiʻi's electric grid infrastructure and put the utility on better future financial footing

      Hawaii-Infrastructure
      • Plexos Strategy, Execution & Impact

      Needs Assessment

      Electrical grid hardening

      Mitigation measures

      Facility modernizationGrant Management OfficeGap analysis

      Project Funding & Identification

      Identified client projects; analyzed and aligned federal regulations and funding opportunities

      Grid Resilience and Innovation Partnerships (GRIP) Program grants

      Title 17 Clean Energy Financing Program loansFEMA Hazard Mitigation Grant Program funds

       

      Project Ranking & Selection

      75+ opportunities narrowed to 50

      Reduced to the most viable 10 opportunities

      $4 Billion loan from U.S. DOE Energy Infrastructure Reinvestment (EIR) Program

      Scope of Work Development

      Enhanced grid oversight and resilience

      Replacement of fossil-fuel generated power with modern, resilient, and renewable generation infrastructure

      Application Drafting

      Developed 12 grants applications for projects valued at $534 Million

      Assisted HECO with submission of three applications totaling $455 Million

      Developed application for $4 Billion USDOE EIR Program loan, expected to close May 2026

      Continued Support

      Four task orders with increasing scope and value

      Program Management Compliance (DBRA)

      Loan Compliance Management: Governance design, compliance framework development, financial and customer benefit methodologies; sourcing, shipping, and waivers; procurement; reporting; closeout

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