RE:RE:Puerto Rico Power StruggleRemember, PREPA's ability to be a revenue generator is what the entire basis of the bond holders are basing the future bonds/payments on.
With net metering the huge increase in residential solar panel installations are significantly cutting into PREPA's revenue.
Put this together with the fact PREPA has not generated any net profit and are currently running operational deficits.
What exactly are these bondholders going to receive when there is nothing to give?
https://ieefa.org/resources/long-brewing-cash-crisis-spells-chance-rate-increases-puerto-rico-ratepayers-while