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prima:3PPO, Public-Private Partnerships, or PREPA: who was responsible for the power expectations contract?

The framework established for contracting in the energy sector distributed responsibilities among multiple parties, each of which has defended its respective involvement in recent weeks

September 1, 2026 - 2:06 PM

The temporary power project for which Power Expectations had been contracted would have provided 400 megawatts from the Aguirre power plant in Salinas. (Xavier Araújo)

The origin of the questions that, since earlier this month, have been raised by agencies such as the Financial Oversight and Management Board (FOMB) about the distribution of responsibilities among the entities that oversaw the process that culminated in the contracting of the consortium led by Power Expectations LLC for the purchase of power dates back to the privatization of the electric system, which began in 2018, and the subsequent agreements with LUMA Energy and Genera PR to manage most of the assets of the Puerto Rico Electric Power Authority (PREPA).

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