Company Overview of Puerto Rico Electric Power Authority
Puerto Rico Electric Power Authority engages in the production, transmission, and distribution of electric power in Puerto Rico. It primarily serves residential, commercial, and industrial clients, as well as government agencies and municipalities. The company was founded in 1941 and is based in San Juan, Puerto Rico.
PO Box 364267
San Juan, PR 00936-4267
Founded in 1941
Key Executives for Puerto Rico Electric Power Authority
Planning and Environmental Protection Director
Generation, Transmission, and Distribution Director
Customer Service Director
Compensation as of Fiscal Year 2014.
Puerto Rico Electric Power Authority Key Developments
Residents and Businesses of Puerto Rico File Class-Action Lawsuit against Puerto Rico Electric Power Authority, Petrobras and Shell Trading (US) Company
Feb 26 15
Residents and businesses of Puerto Rico have filed a class-action lawsuit against Puerto Rico Electric Power Authority (PREPA), employees of PREPA's Fuel Oil Office, including Petrobras and Shell Trading (US) Company and Puerto Rico-based fuel oil laboratories for perpetuating an extensive fuel oil fraud, resulting in users of electricity in Puerto Rico being overcharged by more than $1 billion dollars for electricity since 2002. The lawsuit, filed on Feb. 24, 2015, in the U.S. District Court for the District of Puerto Rico names 20 defendants for receiving kickbacks and payments for colluding to raise fuel oil prices that were directly passed to users of electricity, by agreeing to use non-complaint fuel oil and falsifying lab tests.
Puerto Rico Electric Power Authority Presents at Platts's 15th Annual Platts Caribbean Energy Conference, Jan-29-2015 10:30 AM
Jan 6 15
Puerto Rico Electric Power Authority Presents at Platts's 15th Annual Platts Caribbean Energy Conference, Jan-29-2015 10:30 AM. Venue: El San Juan Resort & Casino, San Juan, Puerto Rico, United States. Speakers: Juan F. Alicea Flores, Executive Director.
Puerto Rico Electric Power Authority Appoints Lisa J. Donahue as Chief Restructuring Officer, Effective September 8, 2014
Sep 4 14
Puerto Rico Electric Power Authority announced that the Board of Directors has appointed Lisa J. Donahue as chief restructuring officer (CRO). The appointment of a CRO by September 8, 2014 was the first milestone outlined in PREPA's August 14, 2014 agreements with its creditors. Ms. Donahue brings more than 23 years of both restructuring and operational turnaround and transformation experience to the position. She will focus on helping the Authority achieve fiscal stability, and will join the leadership team in reviewing all of PREPA's business processes to address its current challenges and ensure its continued ability to serve the people of Puerto Rico. She previously has served as executive vice president and chief financial officer at Calpine Corp.
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