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Quanta-ATCO Joint Venture, LUMA Energy, Commences Operation and Maintenance of Puerto Rico's Electric Power Transmission and Distribution System


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HOUSTON, June 1, 2021 /PRNewswire/  Quanta Services, Inc. (NYSE: PWR) announced today that LUMA Energy, LLC (LUMA), a joint venture between Quanta Services (Quanta) and Canadian Utilities Limited, an ATCO Ltd. Company (ATCO), has commenced the operations and maintenance of Puerto Rico s electric power transmission and distribution (T&D) system under the Supplemental Terms Agreement following nearly a year of preparation to transition these responsibilities from the Puerto Rico Electric Power Authority (PREPA) to LUMA.
Duke Austin, Quanta s President and Chief Executive Officer, commented, We want to congratulate the teams at LUMA, Quanta and ATCO,  and the Puerto Rico regulatory authorities, who have worked diligently to ensure the on-time transition of the operations and maintenance of Puerto Rico s more than 18,000-mile T&D system to LUMA. In LUMA, we have created a purpose-built and effective operator for the Puerto Rico T& ....

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Baystreet.ca - AbraSilver, CI Financial, CIBC at 52-Week Highs on News


AbraSilver, CI Financial, CIBC at 52-Week Highs on News
AbraSilver, CI Financial, CIBC at 52-Week Highs on News
AbraSilver Resource Corp. (V.ABRA) hit a new 52-week high of 68 cents on Monday. AbraSilver announced assay results received from two additional diamond drill holes completed at the Oculto Zone on its wholly-owned Diablillos property in Salta Province, Argentina. Hole DDH 21-009 was drilled to test the intersection of the Main and Cross breccias. It intersected substantial, high-grade gold and silver mineralization near surface, including 75 meters of 2.24 g/t gold and 166.7 g/t silver from 208 to 283 meters down hole depth.
CI Financial Corp. (T.CIX) hit a new 52-week high of $20.42 on Monday. Congress Wealth Management, LLC (“CWM”) and CI Financial announced today that CWM has acquired Pinnacle Advisory Group of Columbia, MD in a transaction that increases the size of CWM’s business by 70% and expands its presence to new markets on th ....

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