"The hurricane winds that knocked out power to the entire island of Puerto Rico over the weekend encountered an electrical grid that experts liken to a house of cards: a fragile, decrepit, patchwork system running on old equipment that has failed to substantially modernize since the U.S. territory’s deadliest storm, Hurricane Maria, swept through five years before."
The Bankruptcy Judge extended the deadline for PREPA debt negotiations to July 1 and bondholders expressed frustrations, warning they may seek full repayment if a deal is not made.
PREPA (Puerto Rico Electric Power Authority) Post Implementation of the LUMA Transmission and Distribution Contract energycentral.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energycentral.com Daily Mail and Mail on Sunday newspapers.
Puerto Rico Electric Power Authority Selects Burns & McDonnell to Provide Program Management Services for Electrical Grid Revitalization Work Posted Jan 15, 2021
Program Management Services for Electrical Grid Revitalization Work
Firm is Committed to Grow Local Employment as Puerto Rico Positions for the Future
KANSAS CITY, Missouri (Jan. 14, 2021) Burns & McDonnell has been awarded a contract for program management services to support the Puerto Rico Electric Power Authority (PREPA) with the revitalization of Puerto Rico’s electrical grid. The work will be primarily funded by the U.S. Federal Emergency Management Agency (FEMA) and Community Development Block Grant-Disaster Relief (CDBG-DR) funds from the U.S. Department of Housing. In 2017, Hurricane Maria hit Puerto Rico and caused catastrophic damage to the grid. Much of the island’s transmission and distribution infrastructure was severely damaged by the storm and there was a complete loss of power in all