Puerto Rico's biggest power plant could be offline for a year

  • Puerto Rico's top energy executive on Thursday warned that the U.S territory's largest power plant could remain off line for up to a year because of earthquake damage
  • Two days after being hit by Puerto Rico's most powerful earthquake in more than a century, only half of the Caribbean island had power restored
  • Puerto Rico is going through a wrenching bankruptcy process to restructure about $120 billion of debt and pension obligations, and it was roiled by political instability in August when former Governor Ricardo Rossello resigned following massive street protests.

(Source: Bloomberg)