mismanagement News

Private Company Takes Over Puerto Rico Power Company Service

SAN JUAN, Puerto Rico (AP) — A private company on Tuesday took over the transmission and distribution operations of Puerto Rico’s power authority, which has struggled with blackouts and bankruptcy, corruption and mismanagement. The takeover by Luma Energy under a …

PG&E to Ante Up $150M for Botched Outages, Recent Wildfires

SAN RAMON, Calif. (AP) — Pacific Gas & Electric is getting hit with a nearly $150 million billion for neglect that caused Northern California wildfires during the past two years and mismanagement of blackouts designed to prevent the utility’s crumbling …