Feldesman Partner Phillip A. Escoriaza was quoted in the January 23, 2025, edition of The Bond Buyer regarding the Public Readiness and Emergency Preparedness Act (PREPA) adversities that incoming governor Jenniffer González Colón will face. With the bankruptcy of the Puerto Rico Electric Power Authority for over seven years, it is expected Governor González Colón will attempt a different approach to push forward negotiations.

Asked for his thoughts, Mr. Escoriaza pointed to the Governor’s declaration to solve the frequent Puerto Rican power outages as a critical component of her administration’s energy policy. However, he added that Governor González Colón’s actions hinge on how aligned PREPA bondholder demands are with the new administration’s policies. 

We appreciate the opportunity for Mr. Escoriaza to offer insight into these important energy policy developments in Puerto Rico. The Bond Buyer is a national trade publication covering the municipal bond industry. Please click here to read the entire article.