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Under strike threat from unions, Puerto Rico privatizes electric power supply

RIO DE JANEIRO, BRAZIL - Surrounded by controversy, protests, and rejection by the unions, which are threatening a general strike, private company LUMA Energy takes over the distribution of electricity in Puerto Rico, previously in the hands of the monopoly of the Electric Power Authority (PREPA), bankrupt and with a millionaire debt, starting today and for the next 15 years.

PREPA had been the main electricity supplier in Puerto Rico for its . . .

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