Search Results for: "Jessica Mendez Colberg"
Puerto Rico Debt Restructuring Delayed, Again
Debt restructuring efforts for the Puerto Rico Electric Power Authority’s $9 billion debt have come to a new standstill after almost six years of negotiation. Multiple failed attempts to exit bankruptcy have led nowhere.
Puerto Rico Public-Private Partnerships Authority Requests Indefinite LUMA Contract Extension
Three days before LUMA Energy’s contract is set to expire, the Public-Private Partnerships Authority requested authorization to extend LUMA’s provisional contract until the debt restructuring process for the publicly owned Puerto Rico Electric Power Authority is finalized.
NY Lawmakers, PR Activists Join to End LUMA Contract
Puerto Rican legislators from New York and local activist groups joined forces on Thursday to repudiate the Puerto Rican government’s contract with LUMA Energy and ask Gov. Pedro Pierluisi not to grant the company control over the archipelago’s electrical system for the next 15 years.
PREPA Lawyers Forced to File Motions as Puerto Rico Hit by Hurricane Fiona
As Hurricane Fiona bore down on Puerto Rico two weeks ago, the U.S.-imposed fiscal control board and the U.S.-based judge who handles the public electric utility’s debt restructuring deal forced Puerto Rican lawyers to file motions even as the archipelago was experiencing an island-wide blackout.