Whitefish Resumes Restoring Power to Puerto Rico After Payment

[DonViejo]

Source: Bloomberg




By Ari Natter
November 23, 2017, 2:27 PM EST

Whitefish Energy Holdings LLC said it resumed repairing Puerto Rico’s storm-ravaged electric grid after receiving a payment from the territory’s bankrupt utility.

The company, which saw its no-bid $300 million contract with the Puerto Rico Electric Power Authority canceled last month amid criticism, said Monday it was suspending work because it was owed $83 million. Under the terms of the canceled deal, Whitefish was supposed to continue work until Nov. 30.

The tiny Montana-based company is under investigation after securing a sole-source contract with the PREPA to restore power on the island, which lost 80 percent of its electric grid after a pair of hurricanes in September.

“PREPA released a payment to Whitefish Energy that was enough to show PREPA’s good faith intent to pay Whitefish Energy and its subcontractors for services rendered," the company said in a statement on Thursday. Chris Chiames, a Whitefish spokesman, declined to answer a question about the size of the payment. A spokesman for PREPA didn’t immediately respond to an email seeking comment.

Read more: https://www.bloomberg.com/news/articles/2017-11-23/whitefish-resumes-restoring-power-to-puerto-rico-after-payment

[Roland99]

1. I thought their contract was canceled?

[Demonaut]

2. they should have bid, a thirty day inspection of the island to assess damage by

multiple companies and a bid war at the end..............

[BigmanPigman]

3. Wasn't the PR official who hired Whitefish fired last week?

Why should the company receive any money...it was a scam and the workers screwed up despite being paid over 3 times the regular rate?!