Puerto Rico
Press Release

Board of Directors of the Authority for Public-Private Partnerships unanimously approves the Partnership Contract for the Operation and Maintenance of Legacy Generation Assets of the Electric Power Authority

Bnamericas Published: Sunday, January 15, 2023

This Authority for Public-Private Partnerships release was published using machine translation.

San Juan Puerto Rico. January 15, 2023 . – The Atty. Fermín Fontanés Gómez, executive director of the Authority for Public-Private Partnerships (AAPP), informed today that after attending to the comments and requests of all the directors of the Board of Directors of the AAPP, including the representatives of the public interest, said The Board unanimously approved the Partnership Contract for the Operation and Maintenance of the Legacy Generation Assets of the Electric Power Authority (AEE). Said approval was given after a series of meetings in which the details of the project were discussed, the doubts of all the directors were clarified and the suggestions of the directors were addressed.

This is just one step in the approval process required in accordance with Law 29-2009 of the Public Administrations and Law 120-2018, Law to Transform the Electric System of Puerto Rico. After this approval, the Partnership Contract for the Operation and Maintenance of PREPA's Legacy Generation Assets will be referred to PREPA's Governing Board and ultimately to the Office of the Governor of Puerto Rico for its endorsement. In accordance with the provisions of Law 29-2009, once said approvals are obtained, the details of the project will be communicated.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Electric Power

Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Electric Power (Puerto Rico)

Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Cooperativa Hidroeléctrica de la Montaña
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: AES Puerto Rico, LP  (AES Puerto Rico)
  • AES Puerto Rico is the local subsidiary of US energy company AES Corp. It was incorporated in 1993, but its operations started in 2002 with its wholly owned coal-fired cogenerat...