Transformación energética

El sector de energía eléctrica en todo el mundo está cambiando rápidamente a medida que nuevas tecnologías incompatibles con el modelo centenario de generación centralizada de electricidad entran en funcionamiento. Debemos aprovechar esta coyuntura para traer al siglo 21 el anquilosado sistema eléctrico de Puerto Rico.

COFINA and the “Good Enough” Restructuring Doctrine

On February 4, Judge Laura Taylor Swain issued (1) A Memorandum Opinion and Order Approving Settlement Between Commonwealth of Puerto Rico and Puerto Rico Sales Tax Financing Corporation (the “Commonwealth – COFINA Settlement”) and (2) A Memorandum of Findings of Fact and Conclusions of Law in Connection with Confirmation of the Third Amended Title III Plan of Adjustment of Puerto Rico Sales Tax Financing Corporation (the “POA Confirmation Order”).

Put Puerto Rico First

During the past few months a narrative has taken hold, on both sides of the political spectrum, that Puerto Rico is “using federal disaster relief funds to pay bondholders”. This narrative is wrong and dangerously simplistic.

180 dĂ­as

El 20 de junio de 2018 se aprobó la Ley 120 para “Transformar el Sistema Eléctrico de Puerto Rico” y “para autorizar el marco legal requerido para la venta, disposición y/o transferencia de activos, operaciones, funciones y servicios de la Autoridad de Energía Eléctrica (la “AEE”)”, y para otros fines relacionados.

Puerto Rico’s Unfinished Business After Hurricane MarĂ­a

It has been a little over a year since Hurricane María fractured Puerto Rico’s infrastructure and its demographic and economic landscape. Currently, all the critical infrastructure—electricity, water, telecommunications, schools, and hospitals—is functional.

Restructuring PREPA’s Debt 2.0

On July 31, the government of Puerto Rico, the Puerto Rico Electric Power Authority (PREPA), and the Financial Oversight and Management Board (FOMB) announced a preliminary agreement aimed at restructuring a part of PREPA’s indebtedness with a group of unsecured bondholders.