Report raises big questions about $1.5B PREPA contract
By José A. Sánchez Fournier
Special to The Star
The Puerto Rico Electric Power Authority (PREPA) was hit hard by a damning report published Thursday by the Institute for Energy Economics and Financial Analysis (IEEFA) and island advocacy organization CAMBIO that raised serious questions about the legality of a $1.5 billion contract that PREPA gave New Fortress Energy (NFE) in the aftermath of Hurricane Maria.
The contract was to modify energy plants San Juan 5 and 6 from liquid diesel fuel to natural gas use, as well as for providing the gas for the plants.
Reaction from the Electrical Industry and Irrigation Workers Union (UTIER by its Spanish acronym) was immediate, with union leaders asking federal authorities to commence an investigation into the matter.