Lawmakers question liability limits, hint at legislative action. #NewsismyBusiness
Puerto Rico’s electrical system has failed to resolve core underlying problems that drove it to physical and financial ruin. #NewsismyBusiness
Michael Martucci’s visit included strategic discussions with the governor about clean water and solid waste priorities. #NewsismyBusiness
The collaboration will focus on permanent improvements to transmission and distribution power lines and substation projects. #NewsismyBusiness
The $20 million transaction supports Puerto Rico’s clean energy transition. #NewsismyBusiness
The agreement includes incentive payment modifications and aims to lower energy costs. #NewsismyBusiness
Open Spaces report finds expenses significantly exceed initial estimates under the Puerto Rico Oversight, Management and Economic Stability Act. #NewsismyBusiness
Puerto Rico’s net metering program has boosted distributed generation as residents seek energy independence after grid instability post-Hurricane María. #NewsismyBusiness
The analysis is presented on a website with FAQs on the energy sector that the CNE just launched. #NewsismyBusiness
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
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
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
To date, Costa Sur has more than $125 million in FEMA funds under Hurricane María FAASt obligations. #NewsismyBusiness
The competitive award granted by PREPA is fully funded by $94.3 million from FEMA. #NewsismyBusiness
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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