Puerto Rico PPP Authority defends Luma contract, cites legal mandate and projected savings
The Authority for Public‑Private Partnerships told a Senate commission the Luma Energy operations-and-maintenance contract complied with Law 120 and Law 29, retained government ownership of assets, and projected hundreds of millions in net savings by 2027; senators pressed for procurement records and questioned transparency.
The full story
The Authority for Public‑Private Partnerships defended the government’s 15‑year operations‑and‑maintenance contract with Luma Energy on the record before a Senate commission, saying the procurement followed the statutory framework and that oversight and consumer protections remain in government hands.
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