PREPA
PREPA
Economics Hamper Power Improvements in Puerto Rico
Puerto Rico has been battered by natural disasters in recent years, with hurricanes Irma and Maria in 2017, and a series of earthquakes in late December 2019 and early January…
Public vs. Private: The Debate Continues
In the September issue of POWER, I wrote about a public utility (JEA) that is exploring privatization, and in October, I looked at a city (Boulder, Colorado) that is exploring…
Puerto Rico’s Utility Makes Debt Payment, Avoids Default
Puerto Rico Electric Power Authority, PREPA, Wednesday made a $415 million payment to its creditors (mostly hedge fund investors), avoiding a default and giving the troubled government-owned utility more time…