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Contract-with-LUMA-Energy-Sets-up-Full-Privatization_Higher-Rates_October-2020

Tom Sanzillo, IEEFA Director of Finance October 2020 1 Contract Between Puerto Rico, LUMA Energy Sets up Full Privatization, Higher Rates for Island Grid Executive Summary The recent agreement between LUMA Energy and Puerto Rico s Public-Private Partnerships (P3) Authority and the Puerto Rico Electric Power Authority (PREPA) for the operation of the transmission and distribution of the island s electrical system should be rescinded. The overall plan for the transformation of the electrical grid IHS Markit , operator of the island , table ii for ieefa , operator under this agreement , million in this fiscal , agreement with new fortress , plan for the commonwealth , period when all service , prepa as the operator , irp by the preb , contract will keep electricity , fee under the service , fees for the 23-Apr-2021 auto-generated