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Puerto Rico issues RfQs to attract private investment in T&D grid [free access]

October 31, 2018

The Puerto Rico Public-Private Partnerships Authority and Puerto Rico Electric Power Authority (PREPA) have issued a request for qualifications (RfQs) to manage and operate the transmission and distribution (T&D) system in the country. This is a part of the government’s plans to transform the island's energy sector, specifically the T&D sectors, by attracting private investments.

 

The selected private sector company or consortium will enter into a public-private partnership (PPP) with PREPA towards delivering low-cost electricity; increasing system resiliency and reliability; achieving performance in line with mainland US utility median performance, measured via industry-standard SAIFI (System Average Interruption Frequency Index) and SAIDI (System Average Interruption Duration Index) metrics; deploying new technologies; and exercising industry best-practices and operational excellence.

 

The deadline to submit requests for clarifications has been set as November 14, 2018, while the statements of qualifications are required to be filed by December 5, 2018. PREPA is expected to publish the notification of qualified respondents on January 16, 2019.