CPS Energy's Cris Eugster Appointed Co-chair Of PREPA's Transformation Advisory Council

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Dec 12, 2017, 12:09 ET

SAN ANTONIO, Dec. 12, 2017 /PRNewswire/ -- The Puerto Rico Electric Power Authority (PREPA) announced today that CPS Energy's Chief Operating Officer Dr. Cris Eugster has been appointed co-chair of the Transformation Advisory Council (TAC).

The TAC was formed to provide guidance to PREPA's Governing Board and management team on the development of a long-term vision and transformation execution plan for the power system in Puerto Rico.

CPS Energy’s Chief Operating Officer Dr. Cris Eugster appointed co-chair of the Puerto Rico Electric Power Authority's (PREPA) Transformation Advisory Council (TAC).

"I am honored by the appointment and excited to represent CPS Energy and San Antonio in helping Puerto Rico achieve a sustainable future," said CPS Energy's Chief Operating Officer Dr. Cris Eugster. "The Transformation Advisory Council members bring a broad range of expertise, and I am confident that together, we will guide critical decisions that will help rebuild and transform Puerto Rico's electric system."

The Council will be comprised of 11 executive leaders from the public power and investor owned utility sector and from select non-governmental organizations. The founding members will provide advice and share knowledge on industry best practices. Collectively, the TAC members are experts in grid reliability and resilience, corporate restructuring, sustainability, island grids, public power, customer engagement, evolving regulatory frameworks for distributed energy resources, and the utility of the future.

Dr. Eugster will co-chair with recently appointed David K. Owens, former Executive Vice President of the Edison Electric Institute. The press release from Puerto Rico can be viewed at https://www.aeepr.com/Noticias/noticiasread.asp?r=POFELCWZXF&tab=

CPS Energy is celebrating its 75th year of City of San Antonio ownership. Established in 1860, we are the nation's largest municipally owned natural gas and electric company, providing safe and affordable service to 804,000 electric and 343,000 natural gas customers in Greater San Antonio. With our AA+ credit rating, one of the best in the industry, we offer best in class reliability and some of the lowest rates among the top 10 largest U.S. cities. We recognize our role as a community partner and are continuously focused on job creation, economic development and educational investment. Powered by our people, our investment in the community is demonstrated through our employees' generosity in giving $1.1 million to United Way. We are also committed to investing in clean energy. CPS Energy is among the top public power wind energy buyers in the nation and number one in Texas for solar generation. For more information, visit newsroom.cpsenergy.com.

SOURCE CPS Energy