Justice asks SCOTUS to review validity of Law 71
August 24, 2015
The Puerto Rico Department of Justice has petitioned the U.S. Supreme Court for certiorari, ruling the constitutional validity of the Public Corporation Debt Restructuring Act, which would allow the island’s public corporations to restructure their debts through an orderly process.
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Aguirre GasPort gets go-ahead from federal regulator
July 28, 2015
The Federal Energy Regulatory Commission has granted the go-ahead to Excelerate Energy to site, construct, and operate the proposed Aguirre Offshore GasPort Project in cooperation with the Puerto Rico Electric Power Authority.
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Senate OKs comprehensive energy subsidies reform
June 9, 2015
The Senate approved Monday Bill 1256, which proposes overhauling energy subsidies and obliges the government to pay its debts to the Puerto Rico Electric Power Authority.
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