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Energy Resilience Fund

Coverage of Energy Resilience Fund in the Nexus archive.

Earliest in view: Jun 17 · 08:45 UTCMost recent: Jun 17 · 08:45 UTC
Co-mentioned in this coverage
Puerto Rico Electric Power Authorityorganization1Trump administrationorganization1Biden administrationorganization1Department of Energyorganization1Puerto Ricoplace1
Recent coverage
  • POLITICSJun 17 · 08:45 UTCGRIST
    Inside the government’s push to divert Puerto Rico solar funds to a bankrupt utility

    Congress approved a $1 billion Energy Resilience Fund for Puerto Rico in 2022 to support solar and battery systems for low-income residents. The Trump administration redirected most funds to Puerto Rico Electric Power Authority (PREPA), a bankrupt utility, to upgrade fossil fuel power plants and build a natural gas pipeline, bypassing competitive bidding and waiving standard cost-sharing requirements. Critics argue this shift undermines the original intent to provide resilient backup power for medically vulnerable communities.