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PREPA Pays Consulting Services for Creditors

Upon revealing this information, Quintana confirmed that $30 million have been spent since 2014

14 de diciembre de 2016 - 9:17 AM

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This content was published more than 8 years ago.
Javier Quintana answered that doing nothing would imply an increase of 11 cents per kilowatt-hour.
Javier Quintana answered that doing nothing would imply an increase of 11 cents per kilowatt-hour. (teresa.canino@gfrmedia.com)

The Puerto Rico Electric Power Authority (PREPA) yesterday revealed that not only did they pay $41 million to restructuring firm AlixPartners, but they also paid an additional $30 million in consulting services for the public corporation's creditors during the debt restructuring process.

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