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Puerto Rico Moves to Privatize Troubled Power Company

Puerto Rico's governor announced Monday that he is moving to privatize the U.S. territory's public power company after its slow, troubled recovery from Hurricane Maria focused new attention on longstanding accusations of mismanagement and corruption. Nearly 30 percent of customers on this island of 3 million people remain without power more than four months after Hurricane Maria. Many blame the failings of the Puerto Rico Electric Power Authority, or PREPA. Its director was...

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