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Puerto Rico Regulator Wants Power In PREPA Restructuring

Law360 (March 6, 2018, 11:09 PM EST) -- Looking to draw jurisdictional boundaries, Puerto Rico's energy regulator has filed an adversary complaint against the island’s electric utility and the federal board shepherding the territory through its historic debt crisis, saying it must authorize any restructuring changes that impact its areas of oversight.

The Puerto Rico Energy Commission is stepping up its efforts to play a role in the certification of long term plans for the commonwealth’s public power company, known as PREPA. The commission, which was established to regulate energy policy in Puerto Rico,...
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