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LUMA prevailed in the process by bidding about $30 million less than PSEG.
LUMA prevailed in the process by bidding about $30 million less than PSEG. (Ramón “Tonito” Zayas)

LUMA President & Chief Executive Officer, Wayne Stensby, warned yesterday that transforming the power grid will take years, but said the expertise the company brings should result in a more reliable and robust system and that it should help boost the island's economy.