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Puerto Rico Takes Step Toward Ousting Grid Manager Luma Energy

Summary by Bloomberg
Puerto Rico filed a notice against Luma Energy, the US-Canadian consortium that manages the island’s troubled power grid, in what is seen as an initial step toward modifying or breaking the contract.

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Center

The communication from the head of the Authority for Public-Private Partnerships, Josué Colón, gives way to a complex process stipulated in the agreement with the consortium

·Puerto Rico
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THE CAPITALIO – Senate President Thomas Rivera Schatz and House Speaker Carlos “Johnny” Méndez Núñez announced on Tuesday that both legislative houses will join together as court friends in the lawsuit filed by the Department of Consumer Affairs against LUMA Energy, to challenge a contractual clause that exempts the company from civil liability for damages caused by negligence in the electricity service. “From the Senate we have warned of the ri…

San Juan, Jul 22 (Prensa Latina) The government of Puerto Rico today took the first step apparently aimed at cancelling the contract with the private company LUMA Energy, after four years of instability in the electricity system. The post Puerto Rico initiates proceedings against private electricity company first appeared on Noticias Prensa Latina.

Photo provided by Luma Energy By Drafting of Sin Comillas The Authority for Private Public Alliances (AAPP) sent a letter to Luma Energy asking it to remedy dozens of breaches or cancel the contract. “The litany of previously catalogued failures (federal financing failures, power cuts that paralyze the network, vegetation hazards, overruns and evasive audits) has taken Puerto Rico's patience to the limit. Therefore, the AAPP immediately invokes …

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Telemundo de Puerto Rico broke the news in San Juan, Puerto Rico on Tuesday, July 22, 2025.
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