OFG Bancorp reported results for the fourth quarter and full-year 2019, reflecting the previously announced acquisition of Scotiabank’s Puerto Rico and U.S. Virgin Islands operations. OFG reported a net loss to shareholders of $2.3 million, or ($0.04) per share, which included $21.5 million in acquisition related merger and restructuring charges and $6.6 million in additional […]
The Institute for Energy Economics and Financial Analysis (IEEFA) sent a letter to Gov. Wanda Vázquez, urging her to reconsider plans for converting Units 5 and 6 of the San Juan Power Plant from diesel to liquid natural gas (LNG)-based generation. Signed by IEEFA’s Director of Finance Tom Sanzillo, the letter was accompanied by documents […]
The Secretary of the Department of Economic Development and Commerce, Manuel A. Laboy, unveiled the Access to Public Information tool, which complies with the disclosure obligations established in several laws. The digital tool responds to conditions established by the Puerto Rico Incentives Code, the Transparency Law and Expedited Procedure for Access to Public Information and […]
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