RE:Stage 1 Criteria ?
For stage one PREPA applied six pass/fail criteria to ensure projects meet minimum requirements 1. Compliance with legal FOMB, PREB, and PREPA requirements 2. Adequate financial strength 3. Compliance with interconnection criteria 4. Net financial benefits for ratepayers 5. Project in late or mid stage development 6. Developer experience equal to 10x the project scale. My guess is we failed on #3. The time consuming and costly 11+ million dollar 7+ km transmission line would have immediately eliminated us. As we all know this transmission line is only necessary for the full 165mw and should not have been included. The scaled back 80mw Montalva only needs $3+million worth of interconnection costs which would have probably kept us in the running.