As a result of the sale, the MPC Energy will incur a non-cash write-off on its investment of about $5 million on the project’s book value in 2024. #NewsismyBusiness
Energy production from the Neol CHP plant is expected to be 26,000 MWh per year.
Mexican pharmaceutical Neolpharma Group, which began operating in Puerto Rico in 2013, will invest $35 million to expand its Caguas facility, creating 150 new jobs over a 24-month period, company and government officials said.