LUMA inherited a fragile and broken electric grid that suffers from years – if not decades – of neglect and mismanagement by the prior operator. To help better understand the state of the system and address the legacy challenges, LUMA is conducting a comprehensive inventory and assessment of the transmission and distribution system. During this comprehensive and accurate review, LUMA will engage with key stakeholders to conduct a full inventory of every major asset on the system, including third-party attachments and equipment, as part of the System Remediation Plan approved by the Puerto Rico Energy Bureau (PREB). This massive undertaking will take several years to complete, but efforts are already underway. As we complete this historic undertaking, we will have a better accounting of what needs to be replaced and what can be repaired.