Sunday, 5 November 2017

Puerto Rico's PREPA utility creditors say power grid damage is overblown

Puerto Rico's PREPA utility creditors say power grid damage is overblownBondholders of Puerto Rico's bankrupt power utility, PREPA, said on Friday that the damage to the local electric grid by Hurricane Maria is not as bad as the island's government says, and could be fixed quickly with an outside energy expert in charge.     The PREPA bondholders made the argument in a written filing in federal court in San Juan.




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