XML 81 R68.htm IDEA: XBRL DOCUMENT v3.20.2
Credit agreements and changes in debt - Narrative (Details)
Oct. 29, 2020
Sep. 28, 2020
USD ($)
MW
May 19, 2020
USD ($)
Apr. 20, 2020
USD ($)
institution
Sep. 30, 2020
USD ($)
institution
Sep. 11, 2020
USD ($)
Dec. 31, 2019
USD ($)
Credit agreement              
Number of financial institutions | institution         8    
Line of credit outstanding         $ 0   $ 0
Hawaiian Electric (parent only)              
Credit agreement              
Extinguishment of debt     $ 100,000,000        
Hawaiian Electric (parent only) | 364-Day Revolver | Revolving Credit Facility              
Credit agreement              
Number of financial institutions | institution       4      
Credit agreement       $ 75,000,000      
Line of credit outstanding         0    
Line of credit facility | HEI Facility              
Credit agreement              
Credit agreement         150,000,000    
Increase in borrowing capacity       65,000,000      
Threshold debt proceeds applied as repayment of term loan       $ 50,000,000      
Line of credit facility | Hawaiian Electric (parent only) | Hawaiian Electric Facility              
Credit agreement              
Credit agreement         $ 200,000,000    
Term Loan              
Credit agreement              
Number of financial institutions | institution       2      
Credit agreement       $ 65,000,000      
Term Loan | Hawaiian Electric (parent only) | 364-Day Term Loan Credit Agreement              
Credit agreement              
Credit agreement     50,000,000        
Threshold debt proceeds applied as repayment of term loan     75,000,000        
Draw down of debt     $ 50,000,000        
Term Loan | KWCL | Non-recourse Term Loan Agreement              
Credit agreement              
Aggregate principal amount   $ 13,000,000          
Solar facility (in MW) | MW   6          
Minimum debt service coverage ratio   1.10          
Periodic principal and interest payments   $ 400,000          
Term Loan | KWCL | Non-recourse Term Loan Agreement | London Interbank Offered Rate (LIBOR)              
Credit agreement              
Basis spread on variable rate   2.00%          
Senior Notes | HEI Notes              
Credit agreement              
Aggregate principal amount           $ 50,000,000  
Fixed interest rate           2.98%  
Senior Notes | HEI Notes | On or Prior to December 29, 2020              
Credit agreement              
Redemption amount           $ 50,000,000  
Senior Notes | The Notes | Subsequent Event              
Credit agreement              
Written notice to purchaser requirement, period prior to funding 7 days