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PREPA Places Hold on Signing New Renewable Energy Contracts

The Puerto Rico Electric Power Authority (PREPA) has stopped granting new contracts for renewable energy projects pending the results of an evaluation of the costs that PREPA would incur to purchase electricity under 63 of those contracts negotiated under the previous administration. Collaborating with PREPA in this review are the Permit Management Office, the Planning Board, the Energy Affairs Administration, the Department of Agriculture and the Department of Natural and Environmental Resources.

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