Energy & Oil

Judge Laura Taylor Swain will oversee the dispute over cancelled 400 MW contract

Creditors appear ready to let the courts decide, opening way for faster and cheaper resolution if courts validate the Board’s interpretation of bondholder rights

Frequent energy outages and Hurricane Maria’s devastation have changed the business math around power generators and made Puerto Rico more resilient

First Circuit hears arguments that collateral-treatment dispute could become a “chokehold” on the utility’s path to emergence from Title III bankruptcy

With procurements frozen, plants unbuilt, and solar hitting its limits, Project Hostos has become Puerto Rico’s least encumbered path to significant new capacity. A Paris impact award suggests the market has noticed.

The company argues federal court has jurisdiction over disputes tied to the utility’s Title III bankruptcy, citing recent precedent; PREPA counters in favor of transferring to Swain

New Fortress restructuring transfers control of the island’s power-generation assets to debt holders, raising questions about future PREPA negotiations and policy.

Says Puerto Rico’s grid faces intensifying strain; deficit could push load shedding from eight days a year to 47 if just one more unit fails

Regulatory filing shows the 528-megawatt San Juan project remains in pre-construction, with LUMA, PREPA and Energiza divided over grid upgrades