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prima:Cobra Acquisitions is engaged in a legal battle with municipalities to avoid paying for work on the power grid after Hurricane Maria

Of the 13 towns that sued the company, only one—Maunabo—has prevailed in all forums, including the Supreme Court

August 29, 2025 - 1:26 PM

Cobra Acquisitions recibió sobre $1,800 millones en contratos para restaurar el sistema eléctrico de Puerto Rico luego del huracán María.
Cobra Acquisitions was awarded more than $1.8 billion in contracts to restore Puerto Rico's electrical system following Hurricane Maria, replacing Whitefish Holdings. (Archivo)

Almost eight years after Hurricane Maria struck, Cobra Acquisitions is embroiled in a legal battle with nearly a dozen municipalities to avoid paying them construction taxes and patents for work carried out at the time to restore the electrical system, which remains in critical condition.

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