SAN JUAN, Puerto Rico (AP) – Puerto Rico privatized the electricity design on the Wednesday, searching for Genera Public relations when deciding to take over the procedure and you will repairs of condition strength age bracket products from the U.S. territory within an initial $twenty-two.5 billion yearly price.
The new announcement happens given that isle is not able to rebuild the crumbling stamina grid in the middle of persistent energy outages blamed simply on which Gov. Pedro Pierluisi entitled “archaic and you may unstable” generation equipment. Continue reading “Puerto Rico selects providers to privatize strength generation”