Puerto Rico Electric T&D Opportunity
Key Contract Terms and Objectives
Operating and maintenance services contract that leverages CU's and Quanta's best-
in-class capabilities to deliver significant benefits to the people of Puerto Rico
>> ~1-year transition period - efficient and effective transition of operations from PREPA to LUMA
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» ~15-year operating period – LUMA assumes responsibility for all in-scope operational matters
working with local workforce and management
System operating costs and capital expenditures are pass-through and paid from PREPA's pre-
funded service accounts
Significant planned capital program to rebuild the T&D system post-hurricane Irma and Maria
with funding through U.S. federal disaster relief agencies - no required capital investment by
LUMA. The Puerto Rico Electric Power Authority (PREPA) retains ownership of all assets.
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