Montana company settles dispute over Puerto Rico grid work

BILLINGS, Mont. (AP) — A small Montana company that landed and lost a contract to restore Puerto Rico's hurricane-shattered electric grid reached a settlement in a dispute over money it said it was owed for the work, according to court documents.

The settlement between Montana-based Whitefish Energy Holdings and Arc American of Indiana was confirmed by representatives of both companies on Wednesday. They declined to release details.

Whitefish sued Arc in federal court on Dec. 1 for allegedly interfering with payments from the Puerto Rico Electric Power Authority, which signed a $300 million contract with Whitefish after Hurricane Maria that was later cancelled.