Critics worry the process could further delay Puerto Rico’s transition to renewable energy, and still not bring access to reliable electricity to an island riddled with power outages.
Alejandro Granadillo / Bloomberg via Getty Images fileSAN JUAN, Puerto Rico — The government of Puerto Rico is a step closer to privatizing power generation on the island despite widespread skepticism among consumers, who crave a reliable source of electricity after decades of random power outages.
Fermín Fontanés Gómez, executive director of the Puerto Rico Public-Private Partnerships Authority, announced the contract's approval in a press release Sunday. Fontanés Gómez did not disclose the name of the private company that will take over power generation units. He said details of the agreement will be made public once it becomes official.
Power generation units in Puerto Rico are on average about 45 years old, twice those of the U.S. mainland. Some units have been found to be six decades old. They're mainly reliant on fossil fuels.
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