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prima:PREPA’s bankruptcy and the future of the power grid

Just weeks away from filing the Plan of Adjustment, experts stress the urgency of completing the process and avoiding repeating the mistakes of the past

November 13, 2022 - 12:41 PM

Archival note
This content was published more than 2 years ago.
The balance of PREPA's financial restructuring under Title III of PROMESA, according to interviewees, will be the foundation for Puerto Rico's electrical system. (david.villafane@gfrmedia.com)

In about two weeks, the Fiscal Oversight Board must present to U.S. District Judge Laura Taylor Swain the plan to restructure nearly $12 billion in obligations of the Puerto Rico Electric Power Authority (PREPA).

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