GE Vernova turbines to deliver 244 MW, boost Puerto Rico grid reliability
July 2, 2025
Six LM2500XPRESS units ordered to modernize PREPA plants in Daguao, Jobos and Yabucoa. #NewsismyBusiness
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GAO finds $1.9B Puerto Rico surplus, warns of unresolved PREPA debt
July 1, 2025
While Puerto Rico strengthens its financial position, pending electric utility restructuring and population loss remain key threats to long-term stability. #NewsismyBusiness
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Lawmakers investigate LUMA’s rejection of 1,800+ damage claims
May 28, 2025
Lawmakers question liability limits, hint at legislative action. #NewsismyBusiness
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PREPA bondholders insist on being paid $3.7B that doesn’t exist
April 25, 2025
Puerto Rico’s electrical system has failed to resolve core underlying problems that drove it to physical and financial ruin. #NewsismyBusiness
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EPA official outlines infrastructure, energy goals in 1st Puerto Rico visit
April 3, 2025
Michael Martucci’s visit included strategic discussions with the governor about clean water and solid waste priorities. #NewsismyBusiness
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LUMA selects AtkinsRéalis to strengthen Puerto Rico’s power grid
March 25, 2025
The collaboration will focus on permanent improvements to transmission and distribution power lines and substation projects. #NewsismyBusiness
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Polaris acquires controlling interest in Punta Lima Wind Farm
March 6, 2025
The $20 million transaction supports Puerto Rico’s clean energy transition. #NewsismyBusiness
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New Fortress Energy extends Puerto Rico gas supply contract
March 4, 2025
The agreement includes incentive payment modifications and aims to lower energy costs. #NewsismyBusiness
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Report: Puerto Rico oversight board’s consultant spending surpasses $2B
February 13, 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
December 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
October 10, 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
October 3, 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
April 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
March 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 receives approval for $55M in additional FEMA funds
February 23, 2024
To date, Costa Sur has more than $125 million in FEMA funds under Hurricane María FAASt obligations. #NewsismyBusiness
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