Puerto Rico $5.9B Power Deal in Jeopardy Over Fake Bid Partner

ERock is not a party to the project, its name and signature were used without authorization, and the company is cooperating with authorities in the review, an ERock spokesperson said. Power Expectations and Flotek did not respond to requests for comment outside business hours.

Puerto Rico – which has some of the least reliable and most expensive electricity of any US jurisdiction – opened a bid for emergency power in March 2025 seeking to bolster the grid through the high-demand summer months. An initial 800-megawatt deal was canceled after facing court challenges.

A second round was held in July 2025 and resulted in an award in June 2026. Despite the urgency of the proposal, the Puerto Rico Electric Power Authority did not submit the contract until six months after solicitation ended, the FOMB said.

While the deal requires the company to begin providing power between 90 and 150 days after execution, "no significant progress" has been reported almost two months since signing the contract, the FOMB said.