Source: Associated Press, June 4, 2015
Puerto Rico’s governor said Wednesday that he supports privatizing electricity production in the U.S. territory as officials seek to restructure the island’s troubled public power company.
Puerto Rico Leaders Battle on Potential PREPA Privatization
Source: Robert Slavin, Bond Buyer, March 24, 2014
Puerto Rico’s leaders are at odds over a potential privatization of the Puerto Rico Electric Power Authority. On March 20 Puerto Rico’s Senate passed a series of bills for reforming the commonwealth’s electrical system. …. . One of the bills opened the path for a possible quick privatization of the provision of electricity on the island. This is one of the key things García Padilla opposes about the bills, the governor’s chief of staff, Ingrid Vila Biaggi, told The Bond Buyer.