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prima:Between “challenges” and “many lessons learned,” Genera PR completes its first year at the helm of PREPA’s fleet

The company celebrates the approval of key projects and the increase in generation capacity, while various sectors attribute inexperience to the company and insist on the cancellation of its contract

June 30, 2024 - 2:45 PM

The contract between the government and Genera PR provides that the company will receive a fixed annual payment of $22.5 million during its first five years of operation in Puerto Rico. (Carlos Rivera Giusti)

Recognizing that it has been a challenging period and that much remains to be done to achieve system stability, the company Genera PR celebrates its first anniversary this Monday in charge of the Electric Power Authority’s (PREPA) generating fleet with plans aimed at achieving “energy security” in Puerto Rico.

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