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prima:Financial Oversight Board authorizes second contract between LUMA Energy and Quanta Services

The fiscal body has given the green light to two deals in favor of the transmission and distribution operator’s parent company

November 13, 2025 - 4:32 PM

The work authorized under the second contract includes the installation and removal of distribution poles. (Xavier Araújo)

For the second time this week, the Financial Oversight and Management Board (FOMB) approved with comments a contract between LUMA Energy and Quanta Services Solutions PR -both affiliates of U.S.-based Quanta Services-, by endorsing a $525 million transaction for a wide range of work on electric distribution circuits.

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