New Fortress Energy announced earlier today that Genera PR LLC, an independently managed subsidiary of NFE, has been selected by the Puerto Rico Public-Private Partnerships Authority for a 10-year operation and maintenance agreement with the Puerto Rico Electric Power Authority. Under the Agreement, Genera will operate, maintain, decommission and modernize the PREPA-owned thermal power generation system of approximately 3,600 MW after a mobilization period. In this role, Genera will manage the operating budget, fuel contracts and federal funds for the generation fleet on behalf of PREPA.
Published first on TheFly
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