The Federal Bureau of Investigation is investigating a decision by Puerto Rico’s power authority to award a $300 million contract to a tiny Montana energy firm to rebuild electrical infrastructure damaged in Hurricane Maria, the Wall Street Journal reported today.
Puerto Rico in Distress
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Puerto Rico’s government power company said on Sunday it will cancel a $300 million contract with a tiny Montana company to restore power to the storm-hit U.S. territory after an uproar over the deal, Reuters reported today.
An informal survey by Puerto Rico’s Chamber of Food Marketing, Industry and Distribution of 15 of its members found that there are roughly 1,400 containers of their provisions sitting in U.S. ports, waiting to be shipped to Puerto Rico, according to a commentary in today’s Wall Street Journal.
A U.S. congressional committee yesterday set a Nov. 2 deadline for the Puerto Rico Electric Power Authority (PREPA) to provide information related to its $300 million contract with a small Montana firm to repair damage to the utility’s infrastructure caused by Hurricane Maria, Reuters reported.