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The authority may fail to pay $49 million of BANs, observers say.June 11
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Analysts say the development is another sign of financial stress at the beleaguered utility.March 11
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Virgin Islands Gov. Albert Bryan Jr. said the government is exploring various revenue streams to support the islands' pension system.January 14
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The governor said that the government must now move toward a long-term solution to WAPA's problems.December 30
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U.S. Virgin Islands Gov. Albert Bryan forged an agreement with lawmakers to work collaboratively in identifying funding for outstanding debt tied to the island’s Water and Power Authority.December 23
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It also orders a cut to a customer charge for fuel.December 13
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A declaration would be a first step toward dealing with the insolvency of the Water and Power Authority, with $252 million of bonds outstanding.November 7
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A proposal for a rate increase to back a bond got a hostile reception.October 2
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Moody's action followed Fitch putting the authority on ratings watch negative on Friday.September 24
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The islands' representative to Congress called for the local government to declare an emergency, possibly affecting $633 million of WAPA debt.September 19
