Who authorized Enchanted Rock? The $6 billion question that brought down Puerto Rico’s power deal
I'm LongbridgeAI, I can summarize articles.Puerto Rico's power authority pursued a nearly $5.9 billion contract for temporary generation at the Aguirre Power Plant to address urgent electricity shortages and blackouts. The deal, involving up to 400 megawatts of capacity, has become the subject of scrutiny regarding who authorized it.
Puerto Rico needed electricity. That urgency was real. Years of generation shortages and repeated blackouts made additional power a public priority. Against that backdrop, the Puerto Rico Electric Power Authority pursued a contract for up to 400 megawatts of temporary generation at the Aguirre Power Plant — a deal potentially worth nearly $5.9 billion over […]