Puerto Rico's new governor plans to cancel $450K PREPA grid repair deal

Utility Dive: Vázquez​ did not give a reason for the deal's cancellation, but said in a statement "in this administration there is no room for unreasonable expenses."

Vázquez posted the statement to Twitter about 7:30 p.m. on Sunday, and Ortiz responded at 10:15 p.m., saying he would meet with the governor early on Monday and "explain the importance of signing" the contract, stressing certain deadlines must be met in order to access hurricane recovery funds.

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