Earlier this month, the world shook when NBA star Lebron James decided to leave roughly $30 million of guaranteed money on the table and a proven Miami Heat squad to come back home to join his former hometown team the Cleveland Cavaliers.
Puerto Rico Electric Power Authority Executive Director Juan Alicea outlined Wednesday a strategy the agency has set off to reduce the cost of electricity on the island to 16 cents per kilowatt-hour in five years by diversifying fuel sources for power generation.
A delegation of Colombian electrical industry executives traveled to Puerto Rico last week looking to establish business relationships with local companies and set the foundation for a possible expansion into the United States via this territory.