Tiny Montana Firm Gets $300 Million Contract To Restore Power In Puerto Rico

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  • #32597
    Vitalogy
    Participant

    Last week, a small Montana company called Whitefish Energy Holdings announced that it had been given a $300 million contract by Puerto Rico’s electricity authority to help restore the power grid on the island, where some 75 percent of customers remain without power.

    The decision to award such a big contract – and such an enormous challenge – to a tiny company founded just two years ago has surprised many. Power companies don’t generally use contractors to restore electricity, but make arrangements for help from other utilities.

    The firm’s website offers little detail on the company or its track record. It’s based in Whitefish, Mont., the hometown of Secretary of the Interior Ryan Zinke. Its financing comes from two Dallas-based investment groups and a Brazilian company that produces distribution and power transformers.

    A profile of the company on a site that tracks federal contracts lists Whitefish as having just two employees and $1 million in annual revenue.

    So why was it given such a big, expensive job?

    http://www.npr.org/sections/thetwo-way/2017/10/24/559864118/tiny-montana-firm-gets-300-million-contract-to-help-restore-power-in-puerto-rico

    I’m sure it has nothing to do with cronyism.

    #32649
    cbaravelli
    Spectator

    OK I’ll bite.
    Continuing down the same e-article:
    “[Whitefish CEO Andy] Techmanski told Bloomberg that while other utilities “are all afraid of the question of how are we going to get paid, Whitefish Energy was the company that actually made the leap of faith and was able to get over here.”
    From KECI-TV http://www.nbcmontana.com/news/keci/whitefish-energy-working-on-puerto-rico-power-grid/629158601
    “Humanitarian aid is very important,” said Techmanski when he pointed out that they’re also taking doctors and over $20,000 worth of medicine that’s at the cost of Whitefish Energy. In addition, North Valley Hospital has given several thousand dollars of medical aid to send with them.”
    Puerto Rico was worse than broke before the hurricane.
    Nice try. Try again.

    #32651
    edselehr
    Participant

    They just got a $300 million contract, and you are giving them huzzahs for a five-figure amount in donations?

    If you see an NFL player help an old lady find her seat in the stands, do you also say “Gee, that justifies his $300 million contract”?

    If our previous president had done such a thing, you’d be shouting “Cronyism!” from the rafters.

    In the words of one Trump fanboy, “Nice try. Try again.”

    #32652
    Andy Brown
    Participant

    Indeed.

    This is drumpf cronyism in action. The ties between them are clear.

    Whitefish is backed by HBC Investments. That firm’s founder and general partner Joe Colonnetta gave $33,000 to the campaign of then-Texas Gov. Rick Perry, who is now Energy secretary. Colonnetta and his wife gave $28,200 to President Trump.

    Additionally, Whitefish founder and CEO Andy Techmanski knows Interior Secretary Ryan Zinke — and Whitefish is based in Zinke’s hometown.

    #32657
    cbaravelli
    Spectator

    They just got a $300 million contract, and you are giving them huzzahs for a five-figure amount in donations?
    Tesla. Except add another zero.
    If you see an NFL player help an old lady find her seat in the stands, do you also say “Gee, that justifies his $300 million contract”?
    Huh? I don’t get the point.
    If our previous president had done such a thing, you’d be shouting “Cronyism!” from the rafters.
    Kissimmee Utility was the other contractor to bid. PREPA made the decision weeks ago. Power linepersons make great pay. But, what Whitefish Electric charges seem very expensive.
    In the words of one Trump fanboy, “Nice try. Try again.”
    I didn’t vote for Trump. Next?

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