Luma Energy
Coverage of Luma Energy in the Nexus archive.
- Federal audit finds Puerto Rico awaiting billions of dollars nearly a decade after deadly hurricane
A federal audit found only 25% of $14 billion in federal funds for Puerto Rico's power grid post-Hurricane Maria had been disbursed nearly a decade later, with delays attributed to staff turnover, onerous project reviews, and the territory's financial struggles. Chronic blackouts persist despite the allocated funds, with only 400 miles of planned vegetation clearance completed by February.
- Federal audit finds Puerto Rico awaiting billions of dollars nearly a decade after deadly hurricane
A federal audit found that only 25% of $14 billion in federal funds for Puerto Rico's power grid after Hurricane Maria has been disbursed nearly a decade later. Chronic delays include slow vegetation clearing, project review challenges, and Puerto Rico's financial struggles, with Luma Energy facing legal disputes over power management.
- Federal audit finds Puerto Rico awaiting billions of dollars nearly a decade after deadly hurricane
A federal audit found that only 25% of $14 billion in federal funds obligated for Puerto Rico's power grid recovery after Hurricane Maria has been disbursed nearly a decade later. Chronic blackouts and delays in infrastructure projects persist, with only 400 miles of planned transmission lines cleared using federal funds as of February 2026.
- Federal audit finds Puerto Rico awaiting billions of dollars nearly a decade after deadly hurricane
A federal audit found that only 25% of $14 billion in federal funds for Puerto Rico’s power grid recovery after Hurricane Maria has been disbursed nearly a decade later. Delays include staff turnover, complex project reviews, Puerto Rico’s financial struggles, and a former policy requiring manual approval for large expenditures.
- Private power company countersues Puerto Rico’s government as legal woes deepen
Luma Energy, a private power company in Puerto Rico, countersued the U.S. territory’s government, alleging bad faith and intentional malice. The legal battle follows the government's lawsuit to cancel Luma's contract over unmet grid improvement promises, with Luma claiming it would be owed billions if terminated. Puerto Rico's power authority remains in bankruptcy amid chronic outages and infrastructure decay.