…to Moody's. The rating action is prompted by growing pressure on WAPA's financial prospects in light of the authority's direct exposure to increasing economic and financial stresses in the U.S. Virgin Islands and an inability to d…
…Service interruptions were also experienced Monday on Feeder 10B," WAPA Executive Director Julio A. Rhymer, Sr. said. Strong winds continued into Tuesday morning on St. Croix, along with sporadic showers. WAPA also announced that …
…downgraded Virgin Islands Water and Power Authority bonds, sending WAPA further into junk status. The ratings group downgraded some $131,850,000 electric system revenue bonds series to 'B+' from 'BB-'; and $96,800,000 electric sys…
…intermittent service interruptions during this phase of testing, WAPA announced this afternoon. WAPA Executive Director Julio Rhymer, Sr. said over the weekend that beginning on Tuesday, October 4, residents may experience short-l…
…to executing the payment expeditiously in the best interest of WAPA and the territories’ hospitals, and did so on Friday. “Cognizant that additional financial support is required to address the more than $20 million owed, we trust…
…court area to the top of Jacob’s Ladder from 9 a.m. to 2:30 p.m., a WAPA press release has made known. Crews will work in the area to install a new utility pole and transfer primary lines from a rotten pole to the newly planted po…
…Almando "Rocky" Liburd made a presentation that sought to urge WAPA to start its own bottled water business in the territory; a move he contends would stir economic growth by adding 20 additional people to the workforce while crea…
…8:30 a.m. to 11 a.m. for network system maintenance, a press release WAPA issued on Thursday reveals. Fortress Electric will be performing an electrical upgrade to the Authority’s Data Center. The upgrade will allow for the instal…
…insulators and other hardware exposed to the elements. On Thursday, WAPA Executive Director Hugo V. Hodge, Jr. explained that the continued drought, evident for months now, has caused branches and limbs on some of the territory’s …
…new board members that will serve on the Water and Power Authority (WAPA) and Economic Development Authority (EDA) boards. Marvin Pickering, director-designee of the Bureau of Internal Revenue and Gustav James, commissioner-design…
The Virgin Islands Water and Power Authority (WAPA) has announced the arrival of two more of the 10 propane storage tanks to service the St. Thomas-St. John district at Crown Bay, St. Thomas from St. Croix's Container Port. Accord…
WAPA has confirmed that at the height of tropical storm Bertha's passage on St. Croix, 50 percent of residents were without power. That's according to the firm's spokesman Jerain Fleming, who also confirmed that several feeders we…
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