Key facts
- Luma Energy has filed a countersuit against the Puerto Rican government.
- The company accuses the government of acting in bad faith and with intentional malice.
- Luma alleges the government is illegally attempting to cancel its contract to fulfill a campaign promise.
- The government had previously sued Luma to terminate its contract.
- Luma claims it is owed at least $4.5 billion in damages if the contract is terminated.
Luma Energy, the private company managing Puerto Rico's power transmission and distribution, has countersued the U.S. territory's government. The company accused the government of acting "in bad faith and with intentional malice to the detriment of the public interest," and of illegally trying to fulfill a campaign promise.