Puerto Rico Scraps $300M Power Grid Deal With Whitefish Energy

The Puerto Rico Electric Power Authority (PREPA) will cancel a US$300-million deal with Montana-based Whitefish Energy for restoring the power after Hurricane Maria hit the island, following criticism over the way the tiny Montana firm obtained the contract. The deal has been criticized by Puerto Rican officials and U.S. federal authorities after details emerged that the terms of the deal had not been obtained through competitive public bidding. Puerto Rico’s Governor, Ricardo Rosselló, asked on Sunday the electricity authority to…

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