Energy Czar Josué Colón Ortiz confirms the unsolicited submission cleared its initial compliance review
The Puerto Rico Public-Private Partnerships (P3) Authority has confirmed that the unsolicited proposal for the proposed Proyecto Hostos has successfully passed its initial compliance review and will now enter a 60‑day evaluation period, according to Energy Czar and Authority Executive Director Josué A. Colón Ortiz.
The proposal, submitted by Caribbean Transmission Development Co., LLC, seeks to advance a submarine electric interconnection between Puerto Rico and the Dominican Republic. It was filed under the legal and regulatory framework that governs public‑private partnership transactions related to the island’s ongoing energy‑system transformation.
Colón Ortiz explained that the preliminary review conducted by the P3 Authority was limited to verifying that the submission met the formal filing requirements set forth in Regulations 8968 and 9078. The agency confirmed that the proponent submitted the required documentation, properly identified itself, included signatures from authorized representatives, and paid the corresponding evaluation fee. He emphasized that clearing this procedural step does not constitute approval of the project or any determination regarding its viability, convenience, or substantive merit.
With the compliance phase completed, the proposal now moves into a broader technical, financial, legal, and regulatory evaluation. Under Law 29‑2009, the P3 Authority has approximately 60 days to assess the proposal and determine the appropriate next steps. The process includes multiple stages of review, ranging from preliminary determinations of public interest and viability to detailed analyses, regulatory scrutiny, and the potential publication of a competitive request for proposals. If the project advances, it could later move into selection, negotiation, and final government approval phases.
Colón Ortiz noted in a statement that a project of this scale, involving a high‑voltage submarine cable linking two island grids, requires extensive scrutiny. He cited considerations such as system reliability, operational integration, environmental and regulatory compliance, permitting, federal coordination, and potential impacts on Puerto Rico’s energy infrastructure.
The government reiterated that all energy proposals will be evaluated, with priority given to protecting the public interest, ensuring the reliability of the electric system, and strengthening Puerto Rico’s long‑term energy resilience.
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The proposal was presented last week Caribbean Transmission Development Co. (CTDC) confirmed Tuesday it has formally submitted an unsolicited proposal to the Puerto Rico Public-Private Partnerships Authority (AAPP) for the development of the Hostos Project, an international energy infrastructure initiative that would link Puerto Rico and the Dominican Republic through a high‑voltage direct current (HVDC) […]
