Fiscal Oversight Board endorses purchase of emergency generators

Fiscal Oversight Board endorses purchase of emergency generators

The Fiscal Oversight Board (JSF) early on Friday night gave its approval to the transaction through which the continuity of the operations of the emergency generators that, since last year, have provided stability to the electrical production fleet and whose operation by the federal government ends at midnight.

Through a letter released after 6:00 pm, the Board authorized the budget amendment –of more than $30 million– that will allow the Electric Power Authority (AEE) cover the necessary matching for the purchase of the generating units. Likewise, it was expected that it would also give way to the contract for the supply of natural gasawarded in favor of New Fortress Energy (NFE), which has provided fuel to the federal government since last summer.

On Friday, however, it emerged that PREPA will only acquire 14 of the 17 units, which will reduce the available generation capacityparticularly in the event of potential breakdowns.

Without being able to guarantee that the units will remain in operation uninterruptedly from midnight, the spokesman for Generate PR, Ivan BaezI affirm that The adjustment in the transaction will mean a reduction in generation compared to the 350 megawatts (MW) of capacity that, until now, have been available.

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