The Puerto Rico Public-Private Partnership Authority is currently reviewing 11 applications submitted by as many central government agencies and municipalities seeking to develop a variety of projects ranging from a women’s correctional facility to road extensions, requiring more than $2 billion in estimated investments.
Faced with the constant demand by consumers wanting relief in soaring energy costs and the government's efforts to try to meet those expectations, the Association of Renewable Energy Producers went public Monday with a mission to help stabilize and reduce the price of energy in Puerto Rico.
Grace Santana, who is pulling double-duty for the Gov. García-Padilla administration as head of the Puerto Rico Infrastructure Financing Authority as well as the Public-Private Partnerships Authority, is a firm believer that the private sector should take over the task of developing new infrastructure projects when the government can’t — but not take over existing facilities through long-term contracts.
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