The CEO of Puerto Rico's bankrupt power company resigned on Wednesday just months after he was chosen to oversee its privatization as the U.S. territory struggles to restore electricity to the last of those who remain in the dark nearly 10 months after Hurricane Maria. The resignation of Walter...

Topics:  ceo   puerto rico   u.s    hurricane   maria   walter   months   
BING NEWS:
  • Sunrun’s ‘PowerOn Puerto Rico’ Virtual Power Plant Helps Island Avoid Rolling Blackouts
    After several years of development, Sunrun partnered with LUMA at the end of September and quickly began enrolling customers in PowerOn Puerto Rico. Sunrun customers are compensated for their ...
    05/1/2024 - 3:00 am | View Link
  • Puerto Rico Utility Bondholders Seek Bigger Bankruptcy Payouts
    Bondholders of Puerto Rico’s bankrupt power utility are pushing for the court to increase what they stand to recover as new projections show the company’s revenue is likely to outstrip expectations ...
    04/30/2024 - 9:13 am | View Link
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