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prima:Financial Oversight and Management Board approves budget amendments for LUMA Energy and Genera PR following rate review

The adjustment was requested by the transmission and distribution administrator, which received an increase in its operating allocation

June 18, 2026 - 2:13 PM

The amended budget set LUMA’s operating allocation at $969 million, an increase from the $780 million. (Carlos Rivera Giusti)

The Financial Oversight and Management Board (FOMB) certified, 13 days before the end of the fiscal year, an amendment to the budget of the Puerto Rico Electric Power Authority (PREPA) that incorporates changes to the distribution of funds among operators as proposed by the Puerto Rico Energy Bureau (PREB) approved during the base rate review process, which concluded in April.

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