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LUMA Energy will sue the Energy Bureau for modifying its economic bonuses

The deadline for the consortium to appeal to the appellate forum in the performance metrics dispute expires this Monday

13 de julio de 2024 - 9:21 PM

The incentive scheme for LUMA Energy should come into effect once PREPA's bankruptcy process is concluded. (Josian Bruno/GFR MEDIA)

LUMA Energy will appeal to the Court of Appeals to claim the review of the performance metrics approved by the Puerto Rico Energy Bureau (NEPR), an agency that modified the consortium’s proposals in a way that the power grid operator considered “capricious” and that, allegedly, undermines its chances of earning the economic incentives provided in the privatization contract.

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