Trader Javelin Challenges Puerto Rico Power Auction Results

July 3, 2025, 8:20 PM UTC

Javelin Global Commodities is seeking to challenge an auction held in Puerto Rico to supply temporary emergency power generation, according to a letter viewed by Bloomberg on Thursday.

  • Letter dated June 18 sent to the agency running the auction, Third-Party Procurement Office, known as 3PPO, seeking to suspend the final award made to Miami-based Power Expectations
  • Letter claims Power Expectations did not comply with tender on a financial or technical basis; Javelin seeking administrative record of procurement process
    • Power Expectations and representatives of 3PPO did not immediately respond to requests for comment
    • Note: New Fortress Energy was disqualified from tender ...





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