Puerto Rico Terminates Contract With Whitefish Energy Holdings

In The Young Turks on YouTube by Chris Houck0 Comments

 

Puerto Rico has decided not to pursue a $300 million contract with a Montana based energy company that only had two employees before they signed the deal. Cenk Uygur and Ana Kasparian, hosts of The Young Turks, discuss. Subscribe to our channel: https://goo.gl/a3JY9i

“The head of Puerto Rico’s power company said Sunday the agency will cancel its $300-million contract with Whitefish Energy Holdings amid increased scrutiny of the tiny Montana company’s role in restoring the island’s power system following Hurricane Maria.

The announcement by Ricardo Ramos came hours after Gov. Ricardo Rossello urged the company to scrap the deal.

Ramos said that Whitefish will continue with current work, but the contract would then be scrapped — leading to delay of 10 to 12 weeks in completing the work.

It’s an enormous distraction,” he said on why he canceled the contract. “This was negatively impacting the work we’re already doing.”

Read more here: http://www.latimes.com/politics/washi…

Hosts: Cenk Uygur, Ana Kasparian

Cast: Cenk Uygur, Ana Kasparian

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