Power Expectations

Neither Enchanted Rock nor Flotek, which joined the temporary power generation deal through Power Expectations, was registered or authorized to do business in Puerto Rico.

The convicted crypto entrepreneur visited the island several times and was a signatory to the multibillion-dollar agreement between the Puerto Rico Electric Power Authority and Power Expectations.

Juan Ramón González Galarza’s firm advises both P3A and PREPA — but he did not disclose information to the public utility about problems with the Power Expectations contract.

The identity of “Jhoby Weaks,” one of the three signatories to the temporary power contract that would involve $5 billion in public funds from the Puerto Rico government, is linked to crypto entrepreneur Jobadiah “Joby” Sinclair Weeks, 46, who was charged in 2019 along with four other people in a $770 million fraud scheme and with tax evasion.