Puerto Rico power company suspends $65M worth of maintenance projects, sparking outcry amid outages

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 15 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 63%

Puerto Rico News

Power Grid,Mario Hurtado,Luma Energy

SAN JUAN, Puerto Rico (AP) — The private operator of Puerto Rico’s power grid confirmed Monday the deferral of $65 million worth of maintenance and...

SAN JUAN, Puerto Rico — The private operator of Puerto Rico’s power grid confirmed Monday the deferral of $65 million worth of maintenance and improvement projects in the U.S. territory, with some repairs postponed for at least a year because of budget constraints, putting at risk the

“We make judgments based on what we have available and what our goals are,” Hurtado said Friday. “Although it entails a risk, it’s an acceptable risk.” Luma's announcement to defer millions of dollars' worth of projects amid chronic power outages has angered many.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines