Bio-Logical Capital News Release
Bio-Logical Capital, a land investment, development, and conservation company, formally welcomes Keiki-Pua Dancil, Ph.D. as its vice president of Hawaii operations. In her role as vice president, Hawaii, she oversees Bio-Logical Capital’s activities and investments in the islands.
Bio-Logical partnered with developer Pattern Energy earlier in 2011 to form Molokai Renewables, LLC and pursue a wind turbine project on Molokai and undersea transmission cable to Oahu.
The Hawaiian Public Utilities Commission issued a request for proposals in October, 2011 for 200 megawatts or more of renewable energy on any island. So far, Molokai Renewables is the only company that has placed a bid with the PUC for a project on Molokai. The PUC ruled in July of 2011 that Hawaiian Electric Company must rebid half of its $2.3 billion Big Wind project that would bring wind energy from Lanai and Molokai to Oahu via an undersea cable.
“If we are fortunate enough to be selected, we believe harnessing the strong winds of Molokai would provide many benefits, including a homegrown source of clean energy, lower electricity rates and also a unique opportunity to provide residents with meaningful community benefits,” Dancil said. “Working with the community on a thoughtful and meaningful community benefits package for Molokai will be a top priority.”
Dancil most recently was the president and CEO of the Hawaii Science and Technology Institute and the Hawaii Science and Technology Council, with which she was involved in developing strategic partnerships between state and federal agencies, private and public schools, and the business community on issues including workforce development and economic revitalization in science and technology.
Previously, Dancil was the executive vice president of a diversified medical technology company involved in the manufacturing of raw materials for various pharmaceutical applications.
She received her doctorate in chemistry from the University of California, San Diego and her master’s degree in business administration from Harvard University. Currently Dancil is on the board of PBS Hawaii and Hawaii Strategic Development Corporation.