Thursday, January 27, 2022

All posts tagged "Prepa revitalization act"

  • Governor Signs Prepa Revitalization Bill into Law

    SAN JUAN – Gov. Alejandro Garcia Padilla signed late Tuesday night the Puerto Rico Electric Power Revitalization Act, paving the way for a major $9 billion debt restructuring of the public utility’s debt. The Senate concurred Tuesday...

    • Posted February 17, 2016
  • Senate Concurs with House Amendments to Prepa Bill

    SAN JUAN – The Senate concurred Tuesday with amendments made by the House to the Puerto Rico Electric Power Authority Revitalization Bill, paving the way for a major $9 billion debt restructuring with the public utility’s creditors....

    • Posted February 16, 2016
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  • PIP’s Santiago Blasts Bernier’s Backing of Prepa Bill

    SAN JUAN – Besides warning once again about an increase in the electricity rate, Sen. María de Lourdes Santiago questioned David Bernier’s support for the Puerto Rico Electric Power Authority’s “revitalization” bill. Reacting to the passing of...

    • Posted February 16, 2016
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  • Divided House Passes Prepa Revitalization Bill

    SAN JUAN – The House passed the Puerto Rico Electric Power Authority Revitalization Bill with 26 votes in favor and 22 against after a debate punctuated by long recesses. Senate Bill 1523 must now return to the...

    • Posted February 15, 2016
  • House Swears in Rep. Torres Monsegur

    SAN JUAN – The House swore in Monday Luis Eli Torres Monsegur as the new representative for District 23, which comprises Yauco, Guayanilla, Peñuelas and Ponce. Torres Monsegur replaces former Rep. Nelson Torres Yordán, who left the...

    • Posted February 15, 2016
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  • Lawmaker Demands Investigation into Prepa Board Member

    SAN JUAN – New Progressive Party Rep. Ricardo Llerandi Cruz said Monday that Luis Santini Gaudier, a consumer representative on the Puerto Rico Electric Power Authority’s (Prepa) government board, is pushing the public utility’s restructuring bill because...

    • Posted February 15, 2016
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  • NPP Legislators Call on Bernier to Stop Prepa Restructuring Bill

    SAN JUAN – A group of New Progressive Party (PNP) representatives are demanding that the president of the Popular Democratic Party (PDP), David Bernier, “stop the approval of the bill ...

    • Posted February 13, 2016
  • Prepa Bill Awaits House’s Vote, Governor Warns those Opposing It

    SAN JUAN — The controversial bill that would make way for the Puerto Rico Electric Power Authority (Prepa) restructuring deal struck with a majority of its creditors failed to reach the House floor for a vote Thursday,...

    • Posted February 11, 2016
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  • Sen. Seilhamer: Power Bill Hike with Bill’s Passage to only Benefit Creditors

    SAN JUAN – New Progressive Party (NPP) Sen. Harry Seilhamer denounced Thursday that Senate Bill 1523 to restructure the debt of the Puerto Rico Electric Power Authority (Prepa) will represent an increase to the electric bill and...

    • Posted February 11, 2016
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  • Senate Passes Prepa Bill Despite Numerous Concerns

    SAN JUAN – The Puerto Rico Electric Power Authority (Prepa) Revitalization bill was approved Wednesday following a long debate in which opponents warned it would bind the government for the next 30 years, increase the utility’s debt...

    • Posted February 10, 2016
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