The executive director of the Puerto Rico Oversight Board suggested non-settling bondholders might be offered recoveries of about 4% of the principal due.
Genasys has made progress on its Puerto Rico project, with $8 million and $2 million deposits received for the first and second groups of dams, respectively. Revenue from this project is expected to ...
On January 23, 2025, the Puerto Rico Department of the Treasury issued Internal Revenue Circular Letter No. 24-01 (CL IR 24-01) announcing ...
For years, because of Puerto Rico's high poverty rates and non-revenue-generating electrical service, the territory was unable to afford maintenance of the grid, Kuhl explains. After Hurricane ...
U.S. Energy Secretary Jennifer Granholm warned Friday in Puerto Rico that the U.S. territory needs more power generation as it struggles to recover from a recent massive blackout. It was Granholm ...
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