
Three federal agencies promised Wednesday to help modernize Puerto Rico’s outage-plagued power grid and speed up efforts to strengthen it more than four years after Hurricane Maria razed it.
More than $12 billion in federal recovery funds are available, and a portion of that will help finance dozens of grid modernization projects scheduled to start this year, said the U.S. Department of Housing and Urban Development, which signed the agreement with Puerto Rico’s government along with the U.S. departments of Homeland Security and Energy.