We are part of The Trust Project
prima:A $600 million adjustment: LUMA Energy’s compensation skyrockets due to inflation and PREPA bankruptcy

The privatization agreements clauses increase both the fixed payments and the bonuses the consortium is entitled to for 15 years

March 4, 2024 - 12:40 PM

Archival note
This content was published more than 9 months ago.
If the base contract for LUMA goes into effect on 2024, the operator would receive more than $27 million more than what was originally agreed upon for the first year. (tonito.zayas@gfmedia.com)

The Government of Puerto Rico has added $269 million to its future obligations just with the passage of time, as a result of the public-private partnership agreement with LUMA Energy for the power grid management, an amount that would likely continue to grow over the next decade and a half due to inflation.

Popular en la Comunidad


Ups...

Nuestro sitio no es visible desde este navegador.

Te invitamos a descargar cualquiera de estos navegadores para ver nuestras noticias: