Prepa debt repayment plan deemed unfeasible, analyst warns
May 2, 2023
Proposal to repay nearly $5.7 billion risks further destabilizing the electrical system, IEFFA director testifies in federal court. #NewsismyBusiness
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Puerto Rico residential clients to pay 15.9% more for electricity on July 1
June 30, 2022
The increase in the cost per kWh will be of 4.5 cents for the quarter.
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P3 Authority opens call for RFQs to manage P.R.’s electric power system transformation
November 1, 2018
The P3 Authority and PREPA wish to enter into a public-private partnership with a private sector partner to deliver low-cost electricity to island customers.
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U.S. district judge certifies class of P.R. residents suing PREPA for fuel overcharges
October 3, 2018
In the original lawsuit filed Feb. 24, 2015, the plaintiffs sought compensation for their estimated $1 billion losses in electricity overcharges.
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Op-Ed: IEEFA — Retail choice will not bring down P.R.’s high electricity rates
August 24, 2018
A research brief released by the Institute for Energy Economics and Financial Analysis (IEEFA) lays out a cautionary tale to policy-makers in Puerto Rico, as they consider adopting a program known as retail choice in the island’s electricity market.
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P.R.’s economic activity remains virtually flat year-over-year
August 7, 2018
Puerto Rico’s Economic Activity Index showed a decrease of 0.8 percent year-over-year in June, but a 1 percent increase when compared to May 2018, Economic Development Bank for Puerto Rico confirmed.
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PREPA awards MasTec $500M power restoration, reconstruction contract
June 5, 2018
Florida-based MasTec Inc. has signed a $500 million master services agreement with the Puerto Rico Electric Power Authority to complete the restoration of the critical electrical transmission and distribution system components damaged as a result of Hurricane María.
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P.R. economic activity shows 2.6 percent drop Y-O-Y in March
May 11, 2018
Puerto Rico’s Economic Activity Index, released by the Economic Development Bank, reached a level of 119.3 in March.
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PREPA adopts national standard for power grid design, reconstruction
May 8, 2018
The Puerto Rico Electric Power Authority announced that effective immediately, the public corporation will adopt a U.S. national standard for the design and reconstruction of the future electric grid in Puerto Rico.
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Special report: Culebra’s energy lifeline threatened
April 26, 2018
In an abandoned structure within walking distance of the City Hall of Culebra the fate of a project that would ensure the provision of electricity during emergencies remains in suspense.
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Manufacturers convey to PREPA’s new chief urgency for ‘viable service’
March 28, 2018
The Puerto Rico Manufacturers Association sent a letter to the new executive director of the Puerto Rico Electric Power Authority, Walter Higgins, stressing the need for “environmentally friendly and cost effective electric service.”
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Fluor brings power to 232K customers in P.R. since October
February 9, 2018
Fluor Corporation confirmed Thursday its crews supporting the mission in Puerto Rico of the U.S. Army Corps of Engineers (USACE) have helped to restore power to more than 232,000 customers throughout the island since arriving in October.
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50 APS line workers head to PR to help with power restoration
January 3, 2018
Arizona-based APS is sending 50 line workers and support staff to Puerto Rico early this month to assist with ongoing power restoration efforts on the island, the company announced.
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7 US electric power ‘incident management’ teams in PR to help PREPA
December 11, 2017
The electric power industry deployed a contingent of seven incident management teams (IMTs) to Puerto Rico this weekend to support ongoing power restoration efforts across the island.
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Fluor Corp. to host open house at its Guaynabo headquarters
November 27, 2017
Fluor Corp. will host an open house Nov. 30 from 11 a.m. to 3 p.m. at its Guaynabo headquarters, for which it is inviting the community to learn more about efforts to help restore power to Puerto Rico.
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