Supporters of the Puerto Rico Electric Power Authority’s proposed debt restructuring agreement — including Gov. Ricardo Rosselló and PREPA Executive Director José Ortiz — have recently argued that the rate increase imposed by the agreement ...
The Institute for Energy Economics and Financial Analysis (IEEFA) and Puerto Rican nonprofit CAMBIO obtained a court agreement pledging the Puerto Rico Electric Power Authority (PREPA) to respond to and deliver within 14 days public ...
A “business as usual” bond deal is about to be foisted upon Puerto Rico’s ratepayers and fledgling economy. It will result in a $400 million annual cash draw for at least the next 20 years. Think ...