If the measure of success of a debt settlement is that it offers realistic payouts to bondholders while allowing the debtor the ability to emerge as a going concern, then it’s time to forget about this deal.
The report “Queremos Sol” (“We Want Sun”) outlines a power-system transformation that would place sustainability and self-sufficiency ahead of dependency on imported fossil fuels.
In the original lawsuit filed Feb. 24, 2015, the plaintiffs sought compensation for their estimated $1 billion losses in electricity overcharges.