IEEFA: Huge consulting fees highlight systemic problems with PREPA reform
April 30, 2021
The transformation and financial restructuring of Puerto Rico’s bankrupt electric power authority have generated more than $440 million in consulting contracts during the last seven years and could cost island residents more than $1 billion ...
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Op-Ed: Electrical system contract winner selected based on identical scores, identical mistakes
April 8, 2021
An objective analysis of the award of a 15-year privatization contract for Puerto Rico’s electrical system to LUMA Energy raises numerous red flags about the integrity of the process. LUMA is scheduled to take over ...
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Campaign promises of ‘low-cost, reliable and clean electricity’ must be kept
January 28, 2021
The devastation caused by Hurricane María in 2017 highlighted Puerto Rico’s “antiquated, expensive and fossil fuel-dependent” electricity grid, providing the Biden administration with an historic opportunity to transform a vital part of the island’s economy. ...
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