Tag: Puerto Rico Aqueduct and Sewer Authority
Puerto Ricans struggle for access to clean water
The majority of Puerto Ricans have been experiencing power outages after Hurricane Fiona first...
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Puerto Rico has the least safe water of any state or territory
Puerto Rico has the least safe water of any state or territory After Hurricanes Maria and Irma hit...
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The cost of privatizing public utilities
The cost of privatizing public utilities It truly seems that “those who cannot remember the...
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Puerto Rico works to keep basic services running through debt restructuring process
Puerto Rico works to keep basic services running through debt restructuring process On May 3,...
Read MorePuerto Rico mired in troubling economic news
The troublesome economic news for Puerto Rico will not stop. Following a report by Barron’s on the territory’s fiscal woes, several publications have jumped on the bandwagon, reporting on the $70 billion in debt, and...
Read MoreFitch also downgrades PREPA bond ratings
Following the footsteps of Moody’s, Fitch has announced it has downgraded the bond rating of the Puerto Rico Electric Power Authority to BBB-, leaving one notch above non-investment grade, or junk status. The downgrade is...
Read MoreMoody’s downgrades PREPA bond ratings
Yesterday Moody’s announced its downgrade of the Puerto Rico Electric Power Authority bond ratings from a Baa2 to Baa3 classification, with a negative outlook. Moody’s rationale for the downgrade is the belief that...
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