Puerto Rico Plans for Power Grid Transformation During PREPA Restructuring
By Fernando M. Padilla, Strategic Consultant
The ongoing restructuring of the Puerto Rico Electric Power Authority (PREPA) is one of the largest ever in the electrical power generation industry within the jurisdiction of the United States. The goal is to transform the utility from a bankrupt, mismanaged public corporation into a privately...
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Fernando M. Padilla is the former deputy executive director for operations and director of program management, restructuring, and fiscal affairs at the Puerto Rico Electrical Power Authority (PREPA). Currently a strategic consultant, he has held various strategic leadership positions in the government of Puerto Rico, including as a key leader in the energy sector during the financial restructuring and natural disaster recovery efforts of the island’s electrical infrastructure. He holds a bachelor’s degree and an MBA in finance from the University of Puerto Rico.