A Short History of the Demise of Puerto Rico’s Electric System

The recent outages of Puerto Rico’s electric system have generated plenty of uninformed debate. That situation prompted us to go through the archives and look up the Official Statements for PREPA’s last two bond offerings, dated April 12, 2012 and August 15, 2013, respectively. These documents contain a wealth of data and information about Puerto Rico’s electricity system.

CNE Review – October 2021

In this edition of the CNE Review, we take a look at some of the early events that foretold the demise of Puerto Rico’s energy system to the shortcomings of the recent agreement with LUMA for the operation and maintenance of the electric grid. We also provide recommendations as to what can be done to tackle the ongoing crisis. 

The Short Memory of the Masters of Disaster

Recently, we have been hearing some unreasonably rosy statements about how well the Puerto Rico Electric Power Authority used to work. That is why I looked up the Official Statements for PREPA’s last two bond offerings, dated April 12, 2012, and August 15, 2013. These documents contain a wealth of data and information about Puerto Rico’s electricity system.

CNE Review – September 2021

The Puerto Rican economy is simultaneously recovering from three systemic shocks: the COVID-19 pandemic, the damage inflicted by Hurricanes Irma and Maria, and the upcoming creditor’s vote on the Plan of Adjustment negotiated by the FOMB. We dedicate this issue to analyzing these three challenges confronting Puerto Rico.

The Threefold Challenge to the Puerto Rican Economy

The Puerto Rican economy is simultaneously recovering from three systemic shocks: the COVID-19 pandemic, the considerable damage inflicted by Hurricanes Irma and Maria, and the upcoming creditor’s vote on the Plan of Adjustment negotiated by the FOMB.

Puerto Rico ¿paraíso fiscal?

La actividad de Puerto Rico como jurisdicción de bajas tasas impositivas para empresas multinacionales (EMN) de EEUU está levantando ronchas a nivel internacional. En este escrito exponemos lo que está en juego para la isla.

CNE Review – August 2021

As we commence yet another school year, we are dedicating this edition of the CNE Review to analyzing Puerto Rico’s largest and most important higher education institution, the University of Puerto Rico.