June 11, 2021 Read More →

Troubles for Luma as Puerto Rico takeover starts off rocky

The Bond Buyer: 

The private operator of Puerto Rico’s electric transmission and distribution systems has been plagued by outages and protests since it took over June 1, culminating in a 900,000-customer outage Thursday.

LUMA Energy’s takeover of these systems is a central part of the Puerto Rico Oversight Board’s plans to transform the Puerto Rico Electric Power Authority and bring lower rates and more reliable electricity to Puerto Rico.

[ Robert Slavin  ] 

More: New Puerto Rico electric operator plagued by outages, protests

Posted in: IEEFA In the News

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