Puerto Rico Says It's Scrapping $300M Whitefish Contract

Puerto Rico plans to cancel a $300 million contract to rebuild the hurricane-ravaged electrical grid that went to a tiny company based in Interior Secretary Ryan Zinke’s Montana hometown, the head of the island’s power utility said. Ricardo Ramos, executive director of the Puerto Rico Electric Power Authority, or Prepa, said he will request permission from the utility’s board of directors to end the deal with Whitefish Energy Holdings LLC. The contract stipulates that 30 days of notice is required. Existing work, including on key transmission lines, will continue for now.
Read more: https://www.bloomberg.com/news/articles/2017-10-29/ap-newsalert-head-of-puerto-rico-power-company-says-whitefish-contract-will-be-cancelled-after-ongoing-work-ends?source=Snapzu