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Documento original compartido por el
Centro de Periodismo Investigativo
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José Padilla
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![1/20/2019
telegram web
surge luego de nuestrosesfuerzoscon las casasacreditadoras:
fromthe bond buyer:
prepa'smovesto rebuild its system seen as positive
by robert slavin
publisheddecember12 2018, 3:59pm est
the puerto rico electricpowerauthority moved closer to
restoring its credit, as it canceleda plans for a natural gas port
and receivedfive bids for its transmissionand distribution system.
the developmentsare both financially positive for the authority,
moody'sinvestors serviceanalyst rick donnersaid tuesday. last
month the authority canceleda plan to build a natural gas port
that had been criticizedas costly and possiblyinflationary,
dependingon gas prices, and on dec. 6 the governor announced
the authority receivedthe bids for its grid.
pennieson the dollar market price of preparevenue bonds in
2018
"today, the specializedprivate sector shows that they trust what
we are doing and they are willing to invest in the island," gov.
ricardorossellesaid last week, in announcingthat the five
private sector entities had bid for the prepaconcession.
puerto rico'spublicprivate partnershipauthority will evaluate the
bids, the governor said. puerto rico hopesto pick one of them by
december2019, donnersaid.
donner, moody'sseniorcredit officer, said the number of bidders
was a good sign: "five is better than one."
how this processand the sale of prepa'spower generation
facilities will affect the debt isn't fully clear yet, donnersaid. the
local government plans to use some of the proceedsto pay off
the debt. how much of the debt could be paid off this way
remainsto be seen.
"the public private partnershipconcessionof prepa's
transmissionand distribution system is the type of structural
reform that providessustainability,and thus capacityfor debt
repayment,to the economyof puerto rico," said advantage
businessconsultantspresidentvicente feliciano.
"for the private sector, the timing of the public private
partnership is particularlygood," felicianosaid. "for one, [after
recent federal post-hurricaneaid] many parts of the system are
https:1/web.telegram.org/#/im?p=s1209505337 _ 15413785455230905639
302/889](https://d355efj0j563i.cloudfront.net/images/chat-302.png "1/20/2019
telegram web
surge luego de nuestrosesfuerzoscon las casasacreditadoras:
fromthe bond buyer:
prepa'smovesto rebuild its system seen as positive
by robert slavin
publisheddecember12 2018, 3:59pm est
the puerto rico electricpowerauthority moved closer to
restoring its credit, as it canceleda plans for a natural gas port
and receivedfive bids for its transmissionand distribution system.
the developmentsare both financially positive for the authority,
moody'sinvestors serviceanalyst rick donnersaid tuesday. last
month the authority canceleda plan to build a natural gas port
that had been criticizedas costly and possiblyinflationary,
dependingon gas prices, and on dec. 6 the governor announced
the authority receivedthe bids for its grid.
pennieson the dollar market price of preparevenue bonds in
2018
\"today, the specializedprivate sector shows that they trust what
we are doing and they are willing to invest in the island,\" gov.
ricardorossellesaid last week, in announcingthat the five
private sector entities had bid for the prepaconcession.
puerto rico'spublicprivate partnershipauthority will evaluate the
bids, the governor said. puerto rico hopesto pick one of them by
december2019, donnersaid.
donner, moody'sseniorcredit officer, said the number of bidders
was a good sign: \"five is better than one.\"
how this processand the sale of prepa'spower generation
facilities will affect the debt isn't fully clear yet, donnersaid. the
local government plans to use some of the proceedsto pay off
the debt. how much of the debt could be paid off this way
remainsto be seen.
\"the public private partnershipconcessionof prepa's
transmissionand distribution system is the type of structural
reform that providessustainability,and thus capacityfor debt
repayment,to the economyof puerto rico,\" said advantage
businessconsultantspresidentvicente feliciano.
\"for the private sector, the timing of the public private
partnership is particularlygood,\" felicianosaid. \"for one, [after
recent federal post-hurricaneaid] many parts of the system are
https:1/web.telegram.org/#/im?p=s1209505337 _ 15413785455230905639
302/889")