The latest on Puerto Rico's contract with Whitefish Energy Holdings (all times local):7:15 p.m.Whitefish Energy Holdings says it is "very disappointed" that authorities in Puerto Rico have canceled its $300 million contract to help rebuild the U.S. island's electricity system. The contract had been questioned because the company had only two full-time employees when the contract was awarded and it is based in the Montana hometown of the U.S. interior secretary. The head of Puerto Rico's government power company says the agency will scrap a $300 million contract with Whitefish Energy Holdings once it finishes current work on Hurricane Maria recovery efforts. Power company director Ricardo Ramos said Sunday that he's bowing to a demand by the U.S. territory's governor, Ricardo Rossello. The contract for the small Montana company has come under intense scrutiny, and audits of the Whitefish contract at a local and federal level are under way.

Source: ABC News October 29, 2017 20:03 UTC