Gov. Jenniffer González Colón has ordered Puerto Rico’s public‑private energy agencies to sue NFEnergía LLC in federal court, seeking to compel the liquefied natural gas supplier to activate a contractual backup mechanism that would allow the island to import natural gas from an alternate vendor. By THE STAR STAFF Gov. Jenniffer González Colón ordered Puerto Rico’s public‑private energy agencies on Monday to sue NFEnergía LLC in federal court, seeking to compel the liquefied

U.S. District Judge Laura Taylor Swain Bondholders & oversight board battle over billions in pledged revenues By THE STAR STAFF The Puerto Rico Electric Power Authority (PREPA) bankruptcy process is heading toward a pivotal courtroom confrontation as bondholders and the Financial Oversight and Management Board advance sharply divergent accounting theories that could determine how much of the utility’s cash belongs to creditors holding $8.3 billion in legacy revenue bonds. In

By THE STAR STAFF Senate Vice President Marissa Jiménez Santoni met with Miss Universe executive director Ronald Day on Monday to discuss preparations for the upcoming pageant and address concerns raised by Thai franchise owner Nawat Itsaragrisil regarding the management of public funds tied to the event. During the meeting, Day dismissed Itsaragrisil’s allegations of financial irregularities, insisting that the organization had not mishandled government contributions. Howeve

Rep. Eddie Charbonier Chinea (Facebook via Eddie Charbonier) By THE STAR STAFF The Treasury Committee in the island House of Representatives has launched a broad review of unused properties owned by the University of Puerto Rico (UPR) in an effort to identify assets that could be sold to generate new funds for the financially strained public university system. Committee chair Rep. Eddie Charbonier Chinea said the evaluation will cover structures, housing units, and vacant lan