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After looking it up, I discovered PREPA was privatized shortly after Hurricane Maria. So perhaps they have new sources of capital. Though I'm still not sure (or at least not confident) that anyone with a profit motive is going to invest heavily in Puerto Rico's grid.


IIRC the PREPA privatization was more of a gift to some well connected people and less about modernizing or improving the company.


There's corruption all around PREPA, just a nasty situation.

http://ieefa.org/ieefa-report-effects-of-long-running-oil-pu...


also known as “disaster capitalism” [1]

[1] https://en.m.wikipedia.org/wiki/The_Shock_Doctrine


There was talk that Duke Energy was interested in a purchase. I haven't heard anything recently.




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