PREPA saves $312M via operational ‘transformation’
December 16, 2015
In the 15 months it has been working with stateside firm AlixPartners, the Puerto Rico Electric Power Authority has accrued $162 million in annual benefits, plus another $150 million in one-time benefits through a comprehensive operational overhaul, Chief Restructuring Officer Lisa Donahue told board members Tuesday.
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EPA wraps up $7.3M cleanup plan for San Germán site
December 16, 2015
The U.S. Environmental Protection Agency announced Tuesday it has finalized a plan to address contaminated soil and groundwater at the San Germán groundwater contamination Superfund Site in the southern town.
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P.R. governor announces he will not seek 2nd term
December 15, 2015
Puerto Rico Gov. Alejandro García-Padilla announced Monday he will not seek re-election to his post next year, to “concentrate” on addressing the island’s fiscal problems.
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