Monday, May 16, 2022

Where Were You When the Lights Went Out?

By on May 7, 2022

“Where Were You When the Lights Went Out,” the 1968 comedy featuring Doris Day that showcased the epic blackout in New York, was entertaining and a bit of campy fun. When 1.5 million people lose their electricity in Puerto Rico for 48 hours—50 years later—not so funny. This is especially true because the management deal struck between the Puerto Rico Electric Power Authority (Prepa) and power consortium LUMA Energy to run the bankrupt utility’s transmission and distribution (T&D) under Gridco was to have been the beginning of a major overhaul of the island’s decrepit grid.

The deal, certified under the federal government, has LUMA—the 50 percent owned joint venture created by Canadian Utilities, an ATCO company, and 50 percent owned by Quanta Services, an infrastructure project execution company, in conjunction with Innovative Emergency Management Inc. (IEM)—is proving rather costly.
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