Informe: El gasto en consultoría de la junta de supervisión de Puerto Rico supera los $2B
13 de febrero de 2025
Open Spaces report finds expenses significantly exceed initial estimates under the Puerto Rico Oversight, Management and Economic Stability Act. #NewsismyBusiness
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Net metering and the independence of the independent regulator
diciembre 30, 2024
Puerto Rico’s net metering program has boosted distributed generation as residents seek energy independence after grid instability post-Hurricane María. #NewsismyBusiness
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Puerto Rico faces energy crisis amid stalled modernization efforts
10 de octubre de 2024
The analysis is presented on a website with FAQs on the energy sector that the CNE just launched. #NewsismyBusiness
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CPI: Uncertainty over federal funding puts Puerto Rico’s flood-prone power substations at risk
3 de octubre de 2024
COR3 holds FEMA responsible for excluding that multimillion-dollar expense because of the methodology it used to estimate the damage to the electrical system after Hurricanes Irma and María. #NewsismyBusiness
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IEEFA: Puerto Rico utility’s annual budget deficits persist after 6 years of federal oversight
abril 8, 2024
The U.S.-based clean energy think tank warns a potential $2.5 billion bond issue for PREPA could significantly impact the financial burden on households. #Newsismybusiness
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FEMA allocates $74.4M to PREPA for Aguirre Transmission Center repairs
marzo 26, 2024
The funds to the Aguirre Power Plant are part of nearly $9.5 billion under FEMA’s Accelerated Award Strategy, known as FAASt, approved in September 2020. #NewsismyBusiness
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Costa Sur recibe la aprobación para $55M en fondos adicionales de la FEMA
23 de febrero de 2024
To date, Costa Sur has more than $125 million in FEMA funds under Hurricane María FAASt obligations. #NewsismyBusiness
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Genasys awarded $94M contract to build Emergency Warning System
febrero 13, 2024
The competitive award granted by PREPA is fully funded by $94.3 million from FEMA. #NewsismyBusiness
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IEEFA: Oversight Board warns Puerto Rico bonds could be worthless
febrero 7, 2024
In July 2017, the Oversight Board rejected a debt agreement for PREPA, explaining that the deal was not in the best interests of Puerto Rico. #NewsismyBusiness
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FEMA OKs $786M project to replace 1.5M PREPA meters
11 de diciembre de 2023
The equipment will feature Advanced Metering Infrastructure. #NewsismyBusiness
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Puerto Rico Energy Bureau approves $647M battery energy storage project
noviembre 10, 2023
The 430 megawatt system is aimed at improving the island grid’s reliability. #NewsismyBusiness
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Study foresees adverse PREPA debt plan impact on Puerto Rico businesses
octubre 30, 2023
High energy costs threaten food security, jobs and businesses, according to a study commissioned by Supermercados Selectos. #NewsismyBusiness
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USACE, PREPA sign 1st work order for permanent repair of Guajataca Dam
septiembre 14, 2023
With this work order, whose cost exceeds $50 million, the engineering and risk analysis studies of the Guajataca dam project begin. #NewsismyBusiness
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Op-Ed: Solar offers critical path to escape Puerto Rico electricity system’s financial mess
septiembre 14, 2023
The fundamental economics, however, are clear. Renewable energy saves money. Oil and natural gas do not. #NewsismyBusiness
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CNE: Electric grid reconstruction proceeding at ‘relatively slow pace’
septiembre 12, 2023
There seems to be a question as to which modernization plan should be implemented, an analysis by the Center for a New Economy concluded. #NewsismyBusiness
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