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Puerto Rico’s T&D networks set for modernisation

LUMA Energy has commenced operation and maintenance of Puerto Rico's electricity transmission and distribution systems.
SEPA Puerto Rico

PREPA reaches deal with bond holders

The embattled Puerto Rico Electric Power Authority (PREPA) may have a way out of its current challenges.  After discussions, a deal has been reached with the owners of more than $3 billion of PREPA...

Puerto Rico utility elects new CEO in line with austerity plans

Puerto Rico’s power utility has elected Jose Ortiz, a former chief executive of the water and sewer utility as CEO.

Leadership storm hits Puerto Rico utility as new CEO resigns

The 'day-old' chief executive of the Puerto Rico Utility, Rafael Diaz-Granados, has resigned. Five of the seven board members will also be leaving with him, leaving the utility in a leadership crisis. The resignation...
Puerto Rico

Puerto Rico enacts law privatising energy generation

Puerto Rico Governor Ricardo Rosselló Nevares has signed the bill to carry out the transformation of the Electric Power Authority (AEE) that seeks to benefit the consumer and make the Island more competitive. The law,...
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Puerto Rico update: Partnership to boost grid planning effort

The New York State Smart Grid Consortium (NYSSGC) has entered into a signed Memorandum of Understanding (MOU) with the Puerto Rico Electric Power Authority (PREPA) and ProsumerGrid, Inc., to assist with Puerto Rico’s long...

Puerto Rico Utility denied $1 billion loan

Puerto Rico’s power company will reduce its operating energy reserve to save money amid a cash shortfall, a move that could destabilise the U.S. territory’s fragile electrical grid. William Rios, director of generation at the...