The company that was hired and then fired under a $300 million deal to rebuild Puerto Rico’s power grid has resumed repairs on a critical power artery after receiving partial payment on an $83 million bill backlog. A Whitefish Energy Holdings LLC spokesman said the company went back to work Wednesday after Puerto Rico’s public power utility paid some of what was owed under the controversial contract, enough to show its “good faith intent to pay” for services rendered. Whitefish had suspended work on the island’s electrical...
Source: Wall Street Journal November 24, 2017 18:22 UTC