UPDATE: Whitefish Contract Cancelled

Lakhota

Diamond Member
Jul 14, 2011
165,491
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Puerto Rico Electric Power Authority Cancels Whitefish Energy Deal

PREPA’s executive director announced he would terminate the contract Sunday.


WASHINGTON ― Puerto Rico Electric Power Authority is canceling its controversial $300 million contract with Whitefish Energy Holdings to restore the island’s hurricane-ravaged electrical grid, officials announced Sunday.

Ricardo Ramos, executive director of PREPA, said at a press conference Sunday he would honor Puerto Rican Gov. Ricardo Rosselló’s request to terminate the business deal, which has raised questions from several lawmakers and government agencies.

Whitefish, a two-year-old firm based in Interior Secretary Ryan Zinke’s Montana hometown and financially backed in part by a major donor to President Donald Trump’s 2016 presidential campaign, had just two full-time employees when Hurricane Maria hit the island more than a month ago.

Language in the contract ― a full copy is here ― looked like it gave Whitefish a sweetheart deal as the people of Puerto Rico struggle to recover from the devastation of the hurricane.

More: Puerto Rico Electric Power Authority Cancels Whitefish Energy Deal

Good news! I hope this mess is thoroughly investigated.
 

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