Puerto Rico and the Caribbean
www.theweeklyjournal.com
>Josian E. Bruno Gómez
Wednesday, February 17-23, 2021 - // no. x095
Concerns Raised Over IRS Act 22 Audits P6 CBO Report on Raising Minimum Wage P7
LUMA:
>Courtesy of LUMA
ASES Addressing GAO Findings P8
Challenges Continue With PPP Contract More Than Six Months After Prepa Contract Signed
A
>Courtesy of Bacardi
Rosario Fajardo
Bacardi Supports Nature Conservation P14
rfajardo@wjournalpr.com
@RosarioWJournal
lthough thousands of people have applied for jobs with LUMA Energy since its contract with the Puerto Rico Electric Power Authority (Prepa) was signed with the Puerto Rico government more than six months ago, and customers have been generally “supportive” of the deal, the company has continued to face challenges in the transition process. Ongoing challenges are impacting the “Front-End
Transition” for LUMA, the company said in its latest monthly report filed with the Puerto Rico Energy Bureau (PREB). “These challenges showed marginal progress in January; however, most continue to persist with no clear resolution and are becoming a serious concern given the time remaining to achieve a June 1, 2021 Service Commencement,” LUMA reported. By way of examples, the ongoing challenges include cooperation and assistance with the transition process. “Limitations on being able to GO TO PAGE 4