Puerto Rico Electric Power Authority and Debt Restructuring under PROMESA, P.L. 114-187
Description:
This report discusses the Puerto Rico Electric Power Authority (PREPA) and its debt restructuring process under the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA). The major debt the company is in has prevented it from maintaining power stations and transmission lines properly or diversifying its energy production methods leading to widespread unreliability of the power supply and high prices.
Date:
August 8, 2017
Creator:
Austin, D. Andrew & Campbell, Richard J.