Microsoft Corp. will be shuttering its only wholly owned manufacturing facility in the world, located in Humacao, in 2024, leaving 78 employees jobless, Department of Economic Development and Commerce Secretary Manuel Cidre confirmed. Microsoft Operations Puerto Rico in Humacao has been doing business there since 1989. At present, it is occupying a building owned by […]
PASH Global (PASH) and Oriental Bank in Puerto Rico have closed on a $15 million financing for a joint venture between PASH and PUMA Energy that will enable 200 PUMA gas stations in Puerto Rico to produce and consume solar energy. This project is the first of its kind and scale on the island, the […]
The Puerto Rico Public-Private Partnerships Authority (P3) is seeking quotes from qualified financial, technical, and legal advisors to assist with the analysis of a potential P3 project related to the modernization of the digital infrastructure of the Puerto Rico Highways and Transportation Authority (HTA). According to the Request for Quotes documents for the project’s different […]
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