2026-06-02 · Economy and politics
The Junta gives the final yes to sign Power Expectations: 400 MW and 5,887 million
On June 2, 2026, the Junta de Supervisión Fiscal determines that the conditions of the May 8 approval were met and authorizes signing the temporary-generation contract between the Autoridad de Energía Eléctrica and the consortium Power Expectations LLC, Enchanted Rock LLC, and Reyes Contractor: 400 megawatts and about 5,887 million dollars. That is this day's public action. The URL slug speaks of canceling; the page, when opened, is an August account that still recites the June line: conditional approval on May 8, final determination on June 2, signature on June 10.
The Junta, according to that page, had flagged concerns over price and value, schedule, and Power Expectations' financial capacity, including the performance bond. Both May 8 and June 2 left in writing that the body could reevaluate if an inaccuracy or misrepresentation later appeared. On June 2, with those conditions treated as met, the yes to sign goes out. On June 10, the same account says the agreement is subscribed for ten years and 400 megawatts at Aguirre.
NotiCel, the day before, had put the temporary contracts approved on May 8 still unsigned and Power Expectation without comment. This note does not redo that one. June 2 is the Junta's step: from conditional to final. The August revocation and Enchanted Rock's August 7 notice are not used here. That is another beat, another date. Whoever wants the cancellation has other outlets. This covers the authorization to sign.
The 5,887 million and the 400 megawatts are the magnitudes the page attributes to the contract. Other notes, in August, round to 5.9 billion or to more than 5,800 million. A winner is not chosen among later roundings. June 2 stays with 5,887 million. Nor is the bond converted into an amount the source did not put.
The El Nuevo Día URL is the one the ledger assigns to this Junta action. The reader who wants the May recap, June, and the June 10 signing has that page. This magazine does not rewrite June as if it were August. This is not original reporting.
Source: Junta de Supervisión Fiscal. https://www.elnuevodia.com/negocios/economia/notas/la-junta-fiscal-cancela-el-contrato-de-power-expectations/