The rush for the energy market after Hurricane María has been so high that three companies have separately made offers to buy all of the Puerto Rico Electric Power Authority’s assets.
Given the impact on Puerto Rico’s economy from the onslaught of Hurricanes Irma and María, the collapse of the island’s power system and the changes to the U.S. tax code and its local effect, the Puerto Rico Manufacturers Association is urging the Financial Oversight and Management Board to reconsider its role and objectives.
Florida Power & Light Company announced 140 additional company lineworkers and support staff deployed to Puerto Rico to help restore power to areas impacted by Hurricane María's landfall.