LUMA Energy is a private power company that is responsible for power distribution and power transmission in the Commonwealth of Puerto Rico. They are also in charge of maintaining and modernizing the power infrastructure. Previously, these duties belonged exclusively (according to the law) to the Puerto Rico Electric. .
2020: Company creation and registrationLUMA Energy was registered in Puerto Rico's Registry of Corporations and Entities on January 17, 2020, under the name LUMA Energy ManageCo, LLC. The name was changed to. .
Contract controversyThe contract signed between LUMA Energy and the Puerto Rican government is surrounded by controversy due to lack of transparency – the contract was signed behind closed doors and announced only after the fact, meaning.
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