The debt restructuring agreement reached between the Puerto Rico Electric Power Authority (PREPA) and its creditors, which is currently pending before a bankruptcy judge, will force utility customers to pay “largely unspecified, apparently unlimited, and wholly unchecked professional fees and expenses.” That is the finding of an independent fee examiner hired by the bankruptcy court […]
The Institute for Energy Economics and Financial Analysis (IEEFA) sent a letter to Puerto Rico’s Legislative Assembly, urging representatives to reject the proposed Restructuring Support Agreement for the Puerto Rico Electric Power Authority. In the letter, the firm also suggested the pursuit of more affordable, sustainable and transparent options for financing and managing the Commonwealth’s […]
The Puerto Rico Electric Power Authority will to provide CAMBIO and the Institute for Energy Economics and Financial Analysis complete access to its electrical system data, the nonprofits announced. The organizations had requested the information to carry out a modeling study based on distributed renewable energy sources. Because the data contains confidential information on critical […]
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