Why Puerto Rico is without power

Here is all you really need to know about why Puerto Rico is without power and why Whitefish got the contract to restore it.

Government is not your friend.
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The Puerto Rico Electric Power Authority (PREPA) —Spanish: Autoridad de Energía Eléctrica(AEE)— is an electric power company and the government-owned corporation of Puerto Ricoresponsible for electricity generation, power distribution, and power transmission on the island.[1]PREPA is the only entity authorized to conduct such business in Puerto Rico, making it a government monopoly. The authority is ruled by a board of directors appointed by the governor with the advice and consent of the Senate. Since 2014, PREPA is subject to the Puerto Rico Energy Commission, another government agency whose board of directors is also appointed by the governor.

Concerning the Whitefish contract:

. . . . the contract, which Whitefish signed with the government-owned PREPA states that “In no event shall [government bodies] have the right to audit or review the cost and profit elements.” That gave Whitefish wide of discretion and privacy over how it used $300 million in American taxpayer money.

The contract also waived “any claim against Contractor related to delayed completion of the work,” which means the government couldn’t do much if Whitefish dragged out its work . . .