Officials in Puerto Rico have been taking steps toward privatizing power generation for some time. Genera PR's contract underwent various approval stages and the final one was announced Wednesday.
Under the terms of the new partnership, the Puerto Rican government has agreed to cover up to $15 million in transition costs to Genera PR, officials said. Additionally, the company will be paid a yearly fee of $22.5 million during the first five years. The fee will decrease after the fifth year, up to a minimum of $5 million per year. The exact amount will be determined by the number of power plants removed during the forfeiture process.
Genera PR can also receive up to $100 million in incentives if it achieves savings in operating costs and complies with occupational safety, environment and fuel purchase guidelines, Fermín Fontanés Gómez, executive director of the Puerto Rico Public-Private Partnerships Authority, said during the news conference.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Puerto Rico selects company to privatize power generation as it struggles to rebuild power gridPuerto Rico privatized its electricity production Wednesday, choosing Genera PR to take over the operation and maintenance of state power generation.
続きを読む »
Puerto Rico officially privatizes power generation amid protests, doubtsA new private company will take over power generation units owned by the Puerto Rico Electric Power Authority, the public corporation currently in charge of generating energy on the U.S. territory.
続きを読む »
US government study finds Puerto Rico should install solar panels at airports, brownfields, industrial areasA study aimed at modernizing Puerto Rico's disintegrated grid found that the country should install solar panels at airports, brownfields, or industrial areas.
続きを読む »
Opinion: Here’s the economic case for a new Downtown San Diego civic centerOpinion: Here's the economic case for a new Downtown San Diego civic center [Opinion]
続きを読む »
Adi Oasis Blesses Our Ears with New Single “Multiply” and Announces New AlbumAdi Oasis just dropped her newest single, “Multiply” and an accompanying music video! Plus, *drum roll please* her newest album, Lotus Glow, will be out on March 3rd! adioasis
続きを読む »