The News and Times of Puerto Rico - Blog by Michael Novakhov

PREPA Privatization Moving ForwardAs Legislature Updates Energy Policy - https://mailchi.mp/sanjuanweeklypr/prepa-privatization-moving-forwardas-legislature-updates-energy-policy …pic.twitter.com/8RWM0n6UgT By The STAR Staff The bill that would create a new energy public policy for Puerto Rico has not completed the legislative process because the House of Representatives requested additional time to evaluate the measure. The administration of Gov. Ricardo Rosselló Nevares, however, said late last week it will continue with the process to privatize the Puerto Rico Electric Power Authority (PREPA). “We understand and respect the additional time requested by the House of Representatives to evaluate Senate Bill 1121, which adopts the ‘Puerto Rico Energy Policy Act,’” said Christian Sobrino, director of the Puerto Rico Fiscal Agency and Financing Authority, in a written statement issued Friday. “The preparation of a public energy policy for Puerto Rico is critical ...