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In light of the recent approvals granted by the Puerto Rico Energy Bureau (NEPR) for the request for federal funds to convert units at the Palo Seco and San Juan power plants, Genera PR has intensified efforts to switch generation plants to natural gas across the rest of the island’s electricity production facilities. This effort is unfolding against the backdrop of the financial restructuring of New Fortress Energy (NFE), the parent company of the operator and its main fuel supplier.
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