The Puerto Rico Land Authority will preserve 1,000 acres of wetlands as part of an agreement with the U.S. Environmental Protection Agency. The wetlands, which help prevent flooding and pollution of rivers, lakes and streams, to be preserved under the settlement are mostly in Loíza, and will now be protected from future commercial and industrial development.
Two years after a historic explosion rocked the former Caribbean Petroleum Corp. fuel depot in Bayamón, its new owner Puma Energy Caribe is on the verge of completing a $32 million investment to transform the site into a state-of-the-art facility, company officials said Monday.
Less than a month after securing permits from the Puerto Rico Planning Board, San Francisco-based Pattern Energy Group LP announced Thursday it has secured financing for its $250 million wind energy farm planned for Santa Isabel.
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