Federal regulators have asked the operator of a scandal-plagued Puerto Rico energy project to explain why they didn’t seek permission to build and operate a liquid natural gas terminal (LNG) adjacent to the island’s first major power project since a 2017 hurricane devastated the island’s electrical grid. The Federal Energy Regulatory Commission (FERC) last week […]
The Financial Oversight and Management Board for Puerto Rico announced that it certified the government of Puerto Rico’s updated Fiscal Plan for the Puerto Rico Sales Tax Financing Corporation (known as COFINA, in Spanish). The 2020 Fiscal Plan for COFINA is “based on the macroeconomic projections outlined in the Certified Fiscal Plan for the Commonwealth […]
The San Juan Marriott Resort & Stellaris Casino recently received the Health & Safety Certification from the Puerto Rico Tourism Co. for its “high standards of disinfection and preparedness against COVID-19.” The certification is awarded to businesses that “effectively implement and execute the safety measures and protocols to avoid the spread and transmission of COVID-19,” […]