Comment on the Recent Black-Out on the Island: After eight years of Oversight Board control and nearly a half billion in advisor fees, PREPA continues to have problems and cannot deliver electricity ...
Improving PREPA will depend on achieving good, independent governance, regardless of whether PREPA is a private or public entity. Puerto Rico Senate Vice President Larry Seilhamer Rodriguez’s recent ...
U.S. District Judge Laura Taylor Swain ordered further mediation in the PREPA bankrputcy despite mediators' insistence it was pointless. U.S. District Judge Laura Taylor Swain ordered Puerto Rico ...
Observers say that a bankruptcy by Genera PR, which generates electricity for PREPA's system, could complicate the PREPA bankruptcy. Fitch Ratings downgraded the issuer default rating of Genera PR, ...
NEW YORK--(BUSINESS WIRE)--Bondholders of the Puerto Rico Electric Power Authority (“PREPA”), including GoldenTree Asset Management, LP, Assured Guaranty Inc., and National Public Finance Guarantee ...
Bondholders of the Puerto Rico Electric Power Authority (PREPA) have a secured claim only up to the amount of certain funds established under their trust indenture, and an unsecured claim for the ...
A Puerto Rico Electric and Power Authority employee stands in front of high-tension electrical power lines at the Costa Sur power plant in Penuelas, Puerto Rico on January 9, 2020, after a powerful ...
The embattled head of Puerto Rico’s power utility resigned on Friday, the latest controversy to hit the island as it struggles to bring its electric grid back online. Subscribe to read this story ...
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MBIA signals potential company sale as PREPA exposure falls to $425M amid reduced uncertainty
William Fallon, CEO, announced "Our third quarter 2025 financial results had a lower net loss than the comparable period for 2024. Compared to 2024, our third quarter 2025 financial results benefited ...
Puerto Rico is nearing a massive sale: none other than the Puerto Rico Electric Power Authority (PREPA), the commonwealth’s sole power provider and most valuable public asset. Much like his father, ...
NEW YORK--(BUSINESS WIRE)--Bondholders of the Puerto Rico Electric Power Authority (“PREPA”), including GoldenTree Asset Management, LP, Assured Guaranty Inc., and National Public Finance Guarantee ...
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