P.R. Laws tit. 13, § 10427

2019-02-20 00:00:00+00
§ 10427. Puerto Rico Green Energy Fund Administration

(a) The Administration is hereby empowered to administer the Green Energy Fund of Puerto Rico, which shall oversee the development and implementation of green energy sources initiatives, projects, and programs, as established in this chapter.

(b) The Administration shall be charged with the administration of the funds available for each fiscal year to administer and grant the incentives set forth in § 10429 of this title, subject to the supervision of the Evaluating Committee created in § 10428 of this title.

(c) The Administration shall be empowered to disclose, market, negotiate, purchase, sell, or otherwise lawfully transfer or assign the ownership of the acquired RECs.

History —July 19, 2010, No. 83, § 2.6.