Genera PR to Privatize Energy Generation in Puerto Rico latinorebels.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latinorebels.com Daily Mail and Mail on Sunday newspapers.
LUMA Energy half-owned by Calgary's ATCO and led by Canadian Wayne Stensby has a 15-year, $2-billion contract to keep Puerto Rico's lights on. But the company has become a lightning rod instead, as customers complain about frequent blackouts, appliance-frying power surges and some of the highest prices in the world.
Nearly two hours after meeting behind closed doors recently, the governing board of Puerto Rico’s power company emerged to briefly announce it was approving a plan to privatize electric generation in the U.S. territory.
Two suspected drug traffickers have been killed during a shootout with U.S. Customs and Border Protection agents off the coast of Puerto Rico, officials say. Jeffrey Quiñones, spokesman for U.S. Customs and Border Protection, told the Associated.