LUMA Warns Removing Contract Extension Would Cost $1.3 Billion
8 Articles
8 Articles
By refuting the government's demand for the cancellation of its contract, LUMA assures the extension was valid and that cancelling the agreement would impact the citizens' pocket.
LUMA Energy argued before the Supreme Court that declaring null and void the extension of its supplementary contract would result in approximately $1.3 billion in costs and obligations, while maintaining that the Government has not identified a substitute operator, resources for...
LUMA Energy confirmed to EL VOCERO that it will submit on Monday before the Supreme Court of Puerto Rico its arguments in favor of the validity of the supplementary contract that was granted in 2022 and whose validity was questioned before the...
San Juan, Oct 6 (Press Latina) Lawyer Rolando Emmanuelli, an expert in federal legislation Promise, today catalogued the threats of LUMA Energy as “irresponsible” in the face of a possible cancellation of the contract with the government of Puerto Rico. The post Lawyer considers LUMA Energy irresponsible threat to Puerto Rico first appeared on Noticias Prensa Latina.
SAN JUAN – LUMA Energy argued before the Supreme Court of Puerto Rico that declaring null and void the extension of its supplementary contract would cause approximately $1.3 billion in costs and obligations, while maintaining that the government has not identified a substitute operator, the resources to finance a transition, or a concrete plan to maintain the operation of the transmission and distribution system. The approach is part of the cons…
LUMA Energy argued before the Supreme Court of Puerto Rico that declaring null and void the extension of its supplementary contract would result in approximately $1.3 billion in costs and obligations. It also held that the government has not identified a substitute operator, the resources to finance a transition or a concrete plan to maintain the operation of [...] The post LUMA claims before the Supreme Court that nullifying extension would cos…
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