The Puerto Rico Electric Power Authority attempted to go back on the agreement it had reached with nonprofit organization CAMBIO and the Institute for Energy Economics and Financial Analysis (IEEFA) to deliver public documents related to utility’s, as well as electrical system data, by June 7, the nonprofits said. Six days after making this commitment, […]
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 will be mitigated by operational savings that will lower electricity rates. The governor’s and PREPA’s public statements about rate decreases […]