[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.] [@cate_long](/creator/twitter/cate_long) "Prepa #muniland The important thing is for Puerto Rico to understand the deceptions we've suffered. PR was told 'we must privatize the energy system & it will be better' but it wasn't true. We were told it would be less expensive it wasn't true & they were told it would prevent a monopoly but we have is a monopoly of private companies.""  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1946269201875767692) 2025-07-18 18:01:52 UTC 26.1K followers, 2010 engagements "@Terpin8or @FOMBPR That's basically it. If the OBoard had set out to cripple the PR economy they could not have chosen a more effective method than by litigating endlessly against Prepa bondholders"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945447372449890390) 2025-07-16 11:36:12 UTC 26.1K followers, XXX engagements "Interesting names (AES Dominion Brookfield Renewable) to possibly replace New Fortress Energy in Puerto Rico note this comes from a short thesis on the stock $NFE but I think the idea is reasonable #muniland"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945124691326222802) 2025-07-15 14:13:59 UTC 26.1K followers, 2703 engagements "The confrontation between New Fortress Energy the Puerto Rico Energy Bureau & Prepa is escalating (@Jenniffer appears to be aligning with $NFE for some reason). It's about time for the White House & @SecretaryWright to get involved. A++ report by @OscarJSerrano2 #muniland"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945803513570746565) 2025-07-17 11:11:23 UTC 26.1K followers, 3530 engagements "BBG: Puerto Rico idled temporary power plants after New Fortress Energy $NFE scrapped a liquefied natural gas shipment to the US territory threatening to strain the grid at the height of summer demand. #muniland @USAO_PR"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1944737474644697374) 2025-07-14 12:35:20 UTC 26.1K followers, 1984 engagements "Thanks to the antics of New Fortress Energy who is responsible for generating electricity for the Puerto Rico electric utility some customers are starting to endure blackouts for another night due to insufficient generation #muniland $NFE"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945276545309753350) 2025-07-16 00:17:24 UTC 26.1K followers, 3861 engagements "The founder of New Fortress Energy Wes Edens also founded the rail company Brightline which has announced it is skipping interest payments on $XXX billion of their bonds. Is this the beginning of a major liquidity problem #muniland cc @DonutShorts $NFE"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1943774520596197553) 2025-07-11 20:48:53 UTC 26.1K followers, 3861 engagements "Puerto Rico OBoard approves contract for New Fortress Energy $NFE to provide $9792800 worth of LNG to Palo Seco and San Juan Temporary Generation Facilities. #muniland"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945931122145186247) 2025-07-17 19:38:27 UTC 26.1K followers, 2433 engagements ""What are causes of spectacular increase in profitability of Puerto Rico banks" Study by VA2 asserts $BPOP & $FPB were able in year following largest hurricane in XXX years to clean up their lending books & triple ROE. No mention of govt cash #muniland"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1134459107744931840) 2019-05-31 13:58:23 UTC 26.1K followers, XX engagements "It would be hard to find a more massive failure of the bankruptcy process than Puerto Rico's electric utility Prepa. New Fortress $NFE hired to run generation has failed to get legacy assets back online as contracted & now the system has almost no reserves #muniland. This is extremely dangerous in periods of high demand such as the summer. Now El Nuevodia is reporting that efforts to get temporary generation in place have basically failed as legitimate bidders were pushed aside to award the contract to a firm which has no experience. Sorry Puerto Rico -- you've spent +$500 million on OBoard"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1942949312796758448) 2025-07-09 14:09:49 UTC 26.1K followers, 2464 engagements "Congratulations to Tom Wagner and Knighthead for this excellent project repurposing a decommissioned coal fired generating plant in Pennsylvania. Knighthead attempted to help restructure Prepa but the Puerto Rico govt & OBoard just wanted to litigate instead #muniland. --- The Homer City power plant formerly Pennsylvania's largest coal-fired power plant was decommissioned in 2023. It is now being redeveloped into the Homer City Energy Campus a natural gas-powered data center campus and will be the largest of its kind in North America. The redevelopment is expected to feature a XXX gigawatt"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945431416331759999) 2025-07-16 10:32:48 UTC 26.1K followers, 2647 engagements "@CypherdC Since you have direct knowledge of the management of those companies that is interesting color. It's always helpful to have someone who has a direct line to market players"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945125883309670866) 2025-07-15 14:18:43 UTC 26.1K followers, XXX engagements "Staff memo for the @NatResources subcommittee hearing on Promesa and the recovery of Puerto Rico this morning which reads like the OBoard wrote the bulk of it #muniland. Oddly there is zero mention of the repeated outages at Prepa due to New Fortress inability to generate sufficient power. This is the real threat to the viability of the island"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945446766498689179) 2025-07-16 11:33:48 UTC 26.1K followers, 3428 engagements ""The Puerto Rico Energy Bureau approves a reduction in energy bills down XXX% starting August X. The kilowatt-hour fell to XXXXX cents the lowest since September 2023." #muniland This contradicts the testimony of Robert Mujica to @NatResources today. He said Prepa wasn't collecting enough revenues to pay Luma and New Fortress enough to maintain service"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945613230706966753) 2025-07-16 22:35:16 UTC 26.1K followers, 2339 engagements "Puerto Rico OBoard says that statements made by PR energy czar Josue Colon that they approved the 2018 contract between PR Ports Authority & New Fortress Energy $NFE is false #muniland"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1944423527081251052) 2025-07-13 15:47:49 UTC 26.1K followers, 6221 engagements "@FedGuy12 I guess the "whole world hates Trump and wont buy US paper anymore" is a myth"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945940232366383534) 2025-07-17 20:14:39 UTC 26.1K followers, 1250 engagements "New Fortress Energy the operator of Puerto Rico's electric generation assets received two rating agency downgrades this week. Fitch lowered $NFE to CCC & laid out how cash is extremely constrained & debt service is extremely high #muniland. Fitch points out that NFE's main client PR is bankrupt and therefore considered the worst type of counterparty. NFE has a couple of basic choices: + Convince NFE bondholders to do a radical "liability management exercise" (ie roll the debt & jigger the coupons &/& do some kind of PIK) + Persuade Puerto Rico to give them a massive way above market fuel"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1931041711104446682) 2025-06-06 17:33:15 UTC 26.1K followers, 2802 engagements "New Fortress' tanker Energos Princess that was tied up in San Juan delivering LNG to Prepa is just circling in the ocean north of Puerto Rico. It appears this is just a game by $NFE to force the OBoard to sign the $XX billion no bid contract. #muniland Source:"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1944551633871855680) 2025-07-14 00:16:52 UTC 26.1K followers, 16K engagements "@SecretaryWright a nearly bankrupt LNG company New Fortress Energy is holding Puerto Rico's electric utility hostage over an allegedly overdue invoice from 2020. $NFE has stopped delivering gas that runs numerous generators & the island faces potential blackouts"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1944538745941721209) 2025-07-13 23:25:39 UTC 26.1K followers, 1961 engagements "Well Todd having been one of the lead advocates for reform of credit rating agencies in Congress in 2005/6 (Credit Rating Agency Reform Act of 2006) and post GFC (Title lX of Dodd Frank) I can assure you that ratings are much more accurate now than in Enron/Worldcom & GFC periods. If you're stuck in the performance XX years ago I cant help you"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1942260494485618981) 2025-07-07 16:32:41 UTC 26.1K followers, XX engagements "Very interesting discussion today with a Hill staffer about the project to lay an underwater cable from the Dominican Republic to Puerto Rico which is being reviewed by the White House etc #muniland. It would provide 700MW of power presumably cost XX cents kWh & be relatively easy to deploy. There is a short supply of ships that can lay cable so that would need to be taken into account. The DR uses mostly fossil fuels to make electricity and they're basically at the same cost level that AES charges to provide power to Prepa"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945608366560034824) 2025-07-16 22:15:56 UTC 26.1K followers, XXX engagements "Puerto Rico OBoard head says it would have been "despicable" to stop natural gas supplies as a pressure mechanism. The executive director Robert Mujica defended before Congress the decision to halt the contract with New Fortress Energy. #muniland $NFE"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945598007543542183) 2025-07-16 21:34:47 UTC 26.1K followers, 1371 engagements "House @NatResources Indian and Insular Affairs subcommittee has now posted all the witness testimonies from the Puerto Rico hearing yesterday #muniland"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945807765408010713) 2025-07-17 11:28:17 UTC 26.1K followers, XXX engagements "Puerto Rico's electrical system under pressure due to simultaneous crises in San Juan & Aguirre. Both of these units are the responsibility of New Fortress Energy. This follows months of inadequate performance by $NFE & they need to be removed entirely from PR #muniland"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1944487326153068954) 2025-07-13 20:01:20 UTC 26.1K followers, 3071 engagements "Puerto Rico Energy Czar accuses New Fortress of leaving PR without gas in breach of contract. $NFE claims the suspension of deliveries is due to PREPA's $X million debt in 2020 invoices and $3M in interest. @USAO_PR this action by NFE violates federal law #muniland"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1944486528589443309) 2025-07-13 19:58:09 UTC 26.1K followers, 4317 engagements "Puerto Rico's electric utility has paid New Fortress Energy over $XXX billion over the last few years but $NFE cut off supplying LNG to Prepa over an alleged $X million invoice from 2020. Prepa cannot find a record of this invoice #muniland. The PR energy czar is pushing to move generators to burn diesel since New Fortress cut off LNG supplies. This will add some additional cost & could cause some load shifting (selective blackouts) but at least it will keep the system up cc @USAO_PR"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1944545828422512658) 2025-07-13 23:53:48 UTC 26.1K followers, 3480 engagements "Nope. Chevron BP Shell or another LNG supplier could divert a tanker to PR and replace New Fortress in an hour. The govt (PR or federal) could declare force majeure and bring in other parties to manage generation. As it stands New Fortress has been a total failure on generation"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1944446441369588194) 2025-07-13 17:18:52 UTC 26.1K followers, XXX engagements "Puerto Rico OBoard finally does something I agree with and declines to approve the non-competitive $XX billion LNG contract that New Fortress was trying to rush through the approval process #muniland $NFE. The proposed contract negotiated by Josu Coln would have created an energy monopoly with a nearly bankrupt company & definitely driven up electricity rates. BBG story:"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1943346896942075957) 2025-07-10 16:29:40 UTC 26.1K followers, 7462 engagements "Laura Loomer has a direct line to President Trump and she hit the nail on the head about the Puerto Rico OBoard. They have vastly overspent what Congress projected they would cost (5x the amount) & rationalize that by trumpeting how hard they whacked bondholders #muniland. Meanwhile PR has piled up $XX billion in cash (much of that is money that should have been paid as debt service) the OBoard projects PR's economy will collapse over the next XX years pension liabilities have drastically increased & GAO says they pose a risk to fiscal stability the island remains years behind on audited"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1946233553169027442) 2025-07-18 15:40:13 UTC 26.1K followers, 8773 engagements "House @NatResources hearing on Promesa and Puerto Rico begins. Non subcommittee members including @AOC are attending by resolution #muniland"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945484657975312804) 2025-07-16 14:04:22 UTC 26.1K followers, XXX engagements ".@SPGlobal joins Moodys & Fitch in downgrading New Fortress Energy to CCC (lowest rating) & projects recovery levels for the debt stack post default #muniland. $NFE's most secure debt is projected to recover XX% of its value & subordinated levels of debt recover 25%"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945077384903807152) 2025-07-15 11:06:01 UTC 26.1K followers, 2646 engagements ""(Bloomberg) New Fortress Energy a struggling company founded by billionaire Wes Edens is withholding a liquefied natural gas shipment to Puerto Rico over disputed payments forcing the island to idle power plants." #muniland When you have lost BBG"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1944794006212194317) 2025-07-14 16:19:58 UTC 26.1K followers, 6819 engagements "The little penny stock I bought because it is in the Oklahoma town my parents grew up in. $SDST popped after they praised a deal between the Department of Defense and MP Materials. Is the market really rational"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1944783871918121305) 2025-07-14 15:39:42 UTC 26.1K followers, 1477 engagements "Gold Reserve's $XXXX billion bid recommended as winner of Citgo auction. The bid relies on a combination of equity & debt & is supported by Rusoro Koch & Siemens. It includes financing from JP Morgan Toronto-Dominion & Sumitomo Mitsui according to filings. The bankruptcy still faces several hurdles till it is complete"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1941508856309325847) 2025-07-05 14:45:57 UTC 26.1K followers, XXX engagements "Congressional Research Service on federal funding for Puerto Rico's electric utility: "over $XX billion allocated by Congress" "the majority of funds remain undisbursed" #muniland"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1944478478344343647) 2025-07-13 19:26:10 UTC 26.1K followers, 1529 engagements "Puerto Rico Chamber of Commerce urged the United States Congress to take immediate action to address the energy crisis affecting the island warning that the deterioration of the electrical system represents a direct threat to the country's fiscal recovery #muniland"  [@cate_long](/creator/x/cate_long) on [X](/post/tweet/1945175954180948397) 2025-07-15 17:37:41 UTC 26.1K followers, 2652 engagements
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
@cate_long
"Prepa #muniland The important thing is for Puerto Rico to understand the deceptions we've suffered. PR was told 'we must privatize the energy system & it will be better' but it wasn't true. We were told it would be less expensive it wasn't true & they were told it would prevent a monopoly but we have is a monopoly of private companies.""
@cate_long on X 2025-07-18 18:01:52 UTC 26.1K followers, 2010 engagements
"@Terpin8or @FOMBPR That's basically it. If the OBoard had set out to cripple the PR economy they could not have chosen a more effective method than by litigating endlessly against Prepa bondholders" @cate_long on X 2025-07-16 11:36:12 UTC 26.1K followers, XXX engagements
"Interesting names (AES Dominion Brookfield Renewable) to possibly replace New Fortress Energy in Puerto Rico note this comes from a short thesis on the stock $NFE but I think the idea is reasonable #muniland" @cate_long on X 2025-07-15 14:13:59 UTC 26.1K followers, 2703 engagements
"The confrontation between New Fortress Energy the Puerto Rico Energy Bureau & Prepa is escalating (@Jenniffer appears to be aligning with $NFE for some reason). It's about time for the White House & @SecretaryWright to get involved. A++ report by @OscarJSerrano2 #muniland" @cate_long on X 2025-07-17 11:11:23 UTC 26.1K followers, 3530 engagements
"BBG: Puerto Rico idled temporary power plants after New Fortress Energy $NFE scrapped a liquefied natural gas shipment to the US territory threatening to strain the grid at the height of summer demand. #muniland @USAO_PR" @cate_long on X 2025-07-14 12:35:20 UTC 26.1K followers, 1984 engagements
"Thanks to the antics of New Fortress Energy who is responsible for generating electricity for the Puerto Rico electric utility some customers are starting to endure blackouts for another night due to insufficient generation #muniland $NFE" @cate_long on X 2025-07-16 00:17:24 UTC 26.1K followers, 3861 engagements
"The founder of New Fortress Energy Wes Edens also founded the rail company Brightline which has announced it is skipping interest payments on $XXX billion of their bonds. Is this the beginning of a major liquidity problem #muniland cc @DonutShorts $NFE" @cate_long on X 2025-07-11 20:48:53 UTC 26.1K followers, 3861 engagements
"Puerto Rico OBoard approves contract for New Fortress Energy $NFE to provide $9792800 worth of LNG to Palo Seco and San Juan Temporary Generation Facilities. #muniland" @cate_long on X 2025-07-17 19:38:27 UTC 26.1K followers, 2433 engagements
""What are causes of spectacular increase in profitability of Puerto Rico banks" Study by VA2 asserts $BPOP & $FPB were able in year following largest hurricane in XXX years to clean up their lending books & triple ROE. No mention of govt cash #muniland" @cate_long on X 2019-05-31 13:58:23 UTC 26.1K followers, XX engagements
"It would be hard to find a more massive failure of the bankruptcy process than Puerto Rico's electric utility Prepa. New Fortress $NFE hired to run generation has failed to get legacy assets back online as contracted & now the system has almost no reserves #muniland. This is extremely dangerous in periods of high demand such as the summer. Now El Nuevodia is reporting that efforts to get temporary generation in place have basically failed as legitimate bidders were pushed aside to award the contract to a firm which has no experience. Sorry Puerto Rico -- you've spent +$500 million on OBoard" @cate_long on X 2025-07-09 14:09:49 UTC 26.1K followers, 2464 engagements
"Congratulations to Tom Wagner and Knighthead for this excellent project repurposing a decommissioned coal fired generating plant in Pennsylvania. Knighthead attempted to help restructure Prepa but the Puerto Rico govt & OBoard just wanted to litigate instead #muniland. --- The Homer City power plant formerly Pennsylvania's largest coal-fired power plant was decommissioned in 2023. It is now being redeveloped into the Homer City Energy Campus a natural gas-powered data center campus and will be the largest of its kind in North America. The redevelopment is expected to feature a XXX gigawatt" @cate_long on X 2025-07-16 10:32:48 UTC 26.1K followers, 2647 engagements
"@CypherdC Since you have direct knowledge of the management of those companies that is interesting color. It's always helpful to have someone who has a direct line to market players" @cate_long on X 2025-07-15 14:18:43 UTC 26.1K followers, XXX engagements
"Staff memo for the @NatResources subcommittee hearing on Promesa and the recovery of Puerto Rico this morning which reads like the OBoard wrote the bulk of it #muniland. Oddly there is zero mention of the repeated outages at Prepa due to New Fortress inability to generate sufficient power. This is the real threat to the viability of the island" @cate_long on X 2025-07-16 11:33:48 UTC 26.1K followers, 3428 engagements
""The Puerto Rico Energy Bureau approves a reduction in energy bills down XXX% starting August X. The kilowatt-hour fell to XXXXX cents the lowest since September 2023." #muniland This contradicts the testimony of Robert Mujica to @NatResources today. He said Prepa wasn't collecting enough revenues to pay Luma and New Fortress enough to maintain service" @cate_long on X 2025-07-16 22:35:16 UTC 26.1K followers, 2339 engagements
"Puerto Rico OBoard says that statements made by PR energy czar Josue Colon that they approved the 2018 contract between PR Ports Authority & New Fortress Energy $NFE is false #muniland" @cate_long on X 2025-07-13 15:47:49 UTC 26.1K followers, 6221 engagements
"@FedGuy12 I guess the "whole world hates Trump and wont buy US paper anymore" is a myth" @cate_long on X 2025-07-17 20:14:39 UTC 26.1K followers, 1250 engagements
"New Fortress Energy the operator of Puerto Rico's electric generation assets received two rating agency downgrades this week. Fitch lowered $NFE to CCC & laid out how cash is extremely constrained & debt service is extremely high #muniland. Fitch points out that NFE's main client PR is bankrupt and therefore considered the worst type of counterparty. NFE has a couple of basic choices: + Convince NFE bondholders to do a radical "liability management exercise" (ie roll the debt & jigger the coupons &/& do some kind of PIK) + Persuade Puerto Rico to give them a massive way above market fuel" @cate_long on X 2025-06-06 17:33:15 UTC 26.1K followers, 2802 engagements
"New Fortress' tanker Energos Princess that was tied up in San Juan delivering LNG to Prepa is just circling in the ocean north of Puerto Rico. It appears this is just a game by $NFE to force the OBoard to sign the $XX billion no bid contract. #muniland Source:" @cate_long on X 2025-07-14 00:16:52 UTC 26.1K followers, 16K engagements
"@SecretaryWright a nearly bankrupt LNG company New Fortress Energy is holding Puerto Rico's electric utility hostage over an allegedly overdue invoice from 2020. $NFE has stopped delivering gas that runs numerous generators & the island faces potential blackouts" @cate_long on X 2025-07-13 23:25:39 UTC 26.1K followers, 1961 engagements
"Well Todd having been one of the lead advocates for reform of credit rating agencies in Congress in 2005/6 (Credit Rating Agency Reform Act of 2006) and post GFC (Title lX of Dodd Frank) I can assure you that ratings are much more accurate now than in Enron/Worldcom & GFC periods. If you're stuck in the performance XX years ago I cant help you" @cate_long on X 2025-07-07 16:32:41 UTC 26.1K followers, XX engagements
"Very interesting discussion today with a Hill staffer about the project to lay an underwater cable from the Dominican Republic to Puerto Rico which is being reviewed by the White House etc #muniland. It would provide 700MW of power presumably cost XX cents kWh & be relatively easy to deploy. There is a short supply of ships that can lay cable so that would need to be taken into account. The DR uses mostly fossil fuels to make electricity and they're basically at the same cost level that AES charges to provide power to Prepa" @cate_long on X 2025-07-16 22:15:56 UTC 26.1K followers, XXX engagements
"Puerto Rico OBoard head says it would have been "despicable" to stop natural gas supplies as a pressure mechanism. The executive director Robert Mujica defended before Congress the decision to halt the contract with New Fortress Energy. #muniland $NFE" @cate_long on X 2025-07-16 21:34:47 UTC 26.1K followers, 1371 engagements
"House @NatResources Indian and Insular Affairs subcommittee has now posted all the witness testimonies from the Puerto Rico hearing yesterday #muniland" @cate_long on X 2025-07-17 11:28:17 UTC 26.1K followers, XXX engagements
"Puerto Rico's electrical system under pressure due to simultaneous crises in San Juan & Aguirre. Both of these units are the responsibility of New Fortress Energy. This follows months of inadequate performance by $NFE & they need to be removed entirely from PR #muniland" @cate_long on X 2025-07-13 20:01:20 UTC 26.1K followers, 3071 engagements
"Puerto Rico Energy Czar accuses New Fortress of leaving PR without gas in breach of contract. $NFE claims the suspension of deliveries is due to PREPA's $X million debt in 2020 invoices and $3M in interest. @USAO_PR this action by NFE violates federal law #muniland" @cate_long on X 2025-07-13 19:58:09 UTC 26.1K followers, 4317 engagements
"Puerto Rico's electric utility has paid New Fortress Energy over $XXX billion over the last few years but $NFE cut off supplying LNG to Prepa over an alleged $X million invoice from 2020. Prepa cannot find a record of this invoice #muniland. The PR energy czar is pushing to move generators to burn diesel since New Fortress cut off LNG supplies. This will add some additional cost & could cause some load shifting (selective blackouts) but at least it will keep the system up cc @USAO_PR" @cate_long on X 2025-07-13 23:53:48 UTC 26.1K followers, 3480 engagements
"Nope. Chevron BP Shell or another LNG supplier could divert a tanker to PR and replace New Fortress in an hour. The govt (PR or federal) could declare force majeure and bring in other parties to manage generation. As it stands New Fortress has been a total failure on generation" @cate_long on X 2025-07-13 17:18:52 UTC 26.1K followers, XXX engagements
"Puerto Rico OBoard finally does something I agree with and declines to approve the non-competitive $XX billion LNG contract that New Fortress was trying to rush through the approval process #muniland $NFE. The proposed contract negotiated by Josu Coln would have created an energy monopoly with a nearly bankrupt company & definitely driven up electricity rates. BBG story:" @cate_long on X 2025-07-10 16:29:40 UTC 26.1K followers, 7462 engagements
"Laura Loomer has a direct line to President Trump and she hit the nail on the head about the Puerto Rico OBoard. They have vastly overspent what Congress projected they would cost (5x the amount) & rationalize that by trumpeting how hard they whacked bondholders #muniland. Meanwhile PR has piled up $XX billion in cash (much of that is money that should have been paid as debt service) the OBoard projects PR's economy will collapse over the next XX years pension liabilities have drastically increased & GAO says they pose a risk to fiscal stability the island remains years behind on audited" @cate_long on X 2025-07-18 15:40:13 UTC 26.1K followers, 8773 engagements
"House @NatResources hearing on Promesa and Puerto Rico begins. Non subcommittee members including @AOC are attending by resolution #muniland" @cate_long on X 2025-07-16 14:04:22 UTC 26.1K followers, XXX engagements
".@SPGlobal joins Moodys & Fitch in downgrading New Fortress Energy to CCC (lowest rating) & projects recovery levels for the debt stack post default #muniland. $NFE's most secure debt is projected to recover XX% of its value & subordinated levels of debt recover 25%" @cate_long on X 2025-07-15 11:06:01 UTC 26.1K followers, 2646 engagements
""(Bloomberg) New Fortress Energy a struggling company founded by billionaire Wes Edens is withholding a liquefied natural gas shipment to Puerto Rico over disputed payments forcing the island to idle power plants." #muniland When you have lost BBG" @cate_long on X 2025-07-14 16:19:58 UTC 26.1K followers, 6819 engagements
"The little penny stock I bought because it is in the Oklahoma town my parents grew up in. $SDST popped after they praised a deal between the Department of Defense and MP Materials. Is the market really rational" @cate_long on X 2025-07-14 15:39:42 UTC 26.1K followers, 1477 engagements
"Gold Reserve's $XXXX billion bid recommended as winner of Citgo auction. The bid relies on a combination of equity & debt & is supported by Rusoro Koch & Siemens. It includes financing from JP Morgan Toronto-Dominion & Sumitomo Mitsui according to filings. The bankruptcy still faces several hurdles till it is complete" @cate_long on X 2025-07-05 14:45:57 UTC 26.1K followers, XXX engagements
"Congressional Research Service on federal funding for Puerto Rico's electric utility: "over $XX billion allocated by Congress" "the majority of funds remain undisbursed" #muniland" @cate_long on X 2025-07-13 19:26:10 UTC 26.1K followers, 1529 engagements
"Puerto Rico Chamber of Commerce urged the United States Congress to take immediate action to address the energy crisis affecting the island warning that the deterioration of the electrical system represents a direct threat to the country's fiscal recovery #muniland" @cate_long on X 2025-07-15 17:37:41 UTC 26.1K followers, 2652 engagements