Last year at this time, Mauians were cheering the news that Alexander & Baldwin had suddenly shed its former cane field land and 50 percent of its EMI irrigation system in a $267-million sale to a completely unknown, newly-created entity named Mahi Pono. Oh, there were high hopes for this corporate stranger, the result of a partnership between the Canadian Public Sector … [Read more...] about Naughty or Nice? At the one-year anniversary of Mahi Pono’s 56,000-acre Maui ag land grab, questions remain about the company’s ultimate intentions
canadian pension fund
Massive Alexander and Baldwin Agricultural Land Sale Finalized: ‘Conventional’ growing plans announced for most of the former sugar cane fields
Alexander and Baldwin today announced the sale of some 41,000 acres of Hawaiian Commercial & Sugar Company land – an action first reported last month by MauiTime. The land was sold for $262 million to Mahi Pono, LLC – a farming venture between California-based agriculture group Pomona Farming, LLC, and Canadian pension investment managers Public Sector Pension Investment … [Read more...] about Massive Alexander and Baldwin Agricultural Land Sale Finalized: ‘Conventional’ growing plans announced for most of the former sugar cane fields