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The funds will mainly go to pay pensions under PREPA Retirement System
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This content was published more than 1 year ago.
The funds will mainly go to pay pensions under PREPA Retirement System
August 28, 2023 - 10:42 AM
The Puerto Rico Electric Power Authority (PREPA) will receive a $50.6 million injection. This money comes from an agreement with over 40 public agencies that owed PREPA $73.4 million. This debt dates back before June 1, 2021, when LUMA Energy took over control of PREPA.
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