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prima:PREPA bondholders lash out at the Financial Oversight and Management Board for its support of Power Expectations

The group of creditors argued that the agency should be restructured or eliminated because it has been an obstacle to the restructuring of the state-owned electric utility

October 7, 2026 - 12:13 AM

The switchyard (on the left) connects the Costa Sur power plant's generation facilities to the transmission grid. (alexis.cedeno)

Certain bondholders of the Puerto Rico Electric Power Authority (PREPA) once again lashed out at the Financial Oversight and Management Board (FOMB) for the agency’s endorsement of the temporary power generation contract awarded to Power Expectations.

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