PREPA Bondholders Demand $8.5 Billion Payment in New Electricity Rate Proposal to Energy Bureau
Puerto Rico’s Electricity Crisis Deepens as Bondholders Push for Higher Rates Amid PREPA’s Bankruptcy The ongoing battle over Puerto Rico’s electricity rates has reached a critical juncture, with bondholders demanding that the Puerto Rico Energy Bureau (NEPR) factor in the full extent of the Electric Power authority’s (PREPA) debt when setting new rates. This move … Read more