The San Salvador Energy Cooperative Pirucho Co-op in Caguas announced its certification as a renewable energy Co-operative from the Public Service Regulatory Board as it aims to continue the development of the San Salvador solar community in Caguas. “The community is proud,” said Feliciano Rodríguez-Domínguez, secretary of the Board of Directors of Pirucho Co-op. “The […]
The Coalition for Energy Cooperation in Puerto Rico, which promotes the cooperative model as an alternative to transform the power system, asked the Senate to stop the fast-tracked process of privatizing the Puerto Rico Electric Power Authority's assets and convene an independent panel of experts to identify the public and private sectors' needs.
The Puerto Rico Cooperatives League recently unveiled a Guide to boost the island’s economic development, available for download at www.liga.coop.
The Public Corporation for the Supervision of Puerto Rico Cooperatives, or COSSEC as the entity is known in Spanish, confirmed it is drafting a “fiscal stability plan” where the sector will present strategies to stabilize the island’s co-op system and its more than 1 million members.
The Church of God Mission Board, the first credit union to establish itself in Puerto Rico in more than a decade, opened recently in the northern town of Dorado, joining the prosperous cooperative movement.
U.S. Agriculture Secretary Tom Vilsack announced Monday that the agency is seeking applications from cooperatives to provide technical assistance to small, socially disadvantaged agricultural producers in rural areas.
As the mortgage banking industry tightens conditions for loan approvals, market newcomer Multi Mortgage has been quietly positioning itself as a go-to option for local consumers, closing on some $20 million in loans less than a year after being established.
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