In testimony submitted to the U.S. House Committee on Natural Resources, Institute for Energy Economics and Financial Analysis (IEEFA)’s Director of Finance Tom Sanzillo warned of “significant problems” with a recent agreement for LUMA Energy to take over transmission and distribution (T&D) of Puerto Rico’s electric power grid. The agreement that the government announced in June […]
After almost four years of service as a member of the Financial Oversight and Management Board for Puerto Rico, José Ramón González announced he has informed the White House that he will not be available to continue holding over in his current appointment beyond Aug. 31, nor will he be available for re-nomination to a […]
Discover Puerto Rico announced that as a result of the government’s delay in the opening date for inbound tourism — shifting to only accepting essential travelers — traffic and hotel demand have dropped. The island’s destination marketing organization cited data from STR — an analytics and marketplace insights firm — that shows that hotel demand […]
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