A lot of industry experts agree with the Puerto Rico government’s decision to halt granting the operation and maintenance of all island regional airports to a single administrator, that instead, the best option was to look at each airport’s development opportunities. Soon after this announcement, the administrator of the Puerto Rico Public-Private Partnerships Authority, Fermin […]
Puerto Rico is overhauling its electrical power system: evaluating its integrated resource plan (IRP), approving wheeling regulations, acquiring a concessionaire for transmission and distribution, and setting up private management of power generation plants, among other measures that will affect the island’s electrical system for years to come. Unfortunately, a scattershot approach is being taken to […]
Certain words like lawyer, tax, developer, privatization, gentrification, and a host of others, often elicit negative responses in people. Many have experienced or witnessed undesirable outcomes at the hands of, or results from, some of these nouns. This generalization provides a huge disservice to any and all rational discourse. The noun is not the determinant of […]
The Puerto Rico Electric Power Authority’s transformation will require a strong energy policy as well as an implementation strategy that considers the island’s “complex situation.” Such was the opinion of Tomás J. Torres, executive director of the Puerto Rico Institute for a Competitive and Sustainable Economy, in testimony presented before the U.S. House of Representatives Committee […]
A privatization approach to Puerto Rico’s energy needs based on “controlled introduction of competition in regional markets” could achieve the goal of aligning electricity generation with the island’s changing socioeconomic landscape.
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.
The man responsible for leading the privatization of Panama’s energy sector, Fernando Aramburú-Porras, said during a conference organized by the College of Engineers and Surveyors that restructuring that country’s formerly chaotic energy system "was a pill we had to swallow to sustain economic growth that we enjoy today."
Puerto Rican hospital conglomerate Grupo HIMA is among three companies on the short list to take over the management of six public hospitals in Madrid, according to a televised report.
In about a week, the Federal Aviation Administration is expected to make its decision on the public-private partnership agreement through which the government of Puerto Rico would turn over the management of the Luis Muñoz Marín International Airport to Aerostar Airport Holdings for the next 40 years.
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