RE:RE:Tapping into Jeff's knowledge...Anyone sniffing around the insides of PREPA will quickly see their incompetency. The vast majority of docket filings are legal disputes.
PREPA's corruption ran at a fevered pace for many years, racking up $9 billion in debt before declaring bankruptcy in 2017. I will say this, in over 20 years of investing I've seen some of the biggest returns from bets placed on companies emerging from bankruptcy. Although not a company, that's the situation I'm seeing here, with Federal and FEMA funds totaling $11+ billion, the grid will be brought up to date, PREPA will be no more as LUMA takes over and Montalva has the chance to be the centerpiece of the renewable transformation that lies ahead for Puerto Rico.
There are many moving, or shifting parts to this transformation as PREPA exits and LUMA enters next month, and small setbacks will no doubt occur.
It's reassuring to hear that Greenbriar has been hard at work filing massive amounts of documents into the RFP instead of sueing. This is exactly what I was hoping to hear from you. Greenbriar has the skill set to tackle the RFP while the other proponents flounder and/or sue.
You and your team are to be commended.