No Oversight of $1.5 Billion Electric Project Raises Alarm over Privatization of Puerto Rico’s Power

As hurricane season begins, we look at moves to privatize Puerto Rico’s electric grid and a new investigation that reveals the island’s government failed to follow proper oversight or examine the environmental impact when it issued a $1.5 billion contract to a company for the first large power generation project since Hurricane Maria, that will continue its reliance on fossil fuels. Former Puerto Rico Chief of Staff Ingrid Vila Biaggi co-authored the report and calls it “an ill-conceived project full of fiscally irresponsible practices.”

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