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Posted on: Jan. 23, 2018, 11:31 a.m.
As Puerto Rico continues its recovery from Hurricane Maria's devastation, the island's government plans to sell its public energy company's assets in a bid to modernize their power supply system and recoup its economic losses. Puerto Rico Governor Ricardo Rossello announced Monday that the US territory will begin the privatization process of the Puerto Rico Electric Power Authority (PREPA), selling assets to companies that will "transform the generation system into a modern, efficient, and less expensive one for the people." Full investment news article