AGP Executive Report
Last update: 2 hours agoTourism & Investment: Ponce Mayor Marlese Sifre Rodríguez hailed a $30 million renovation of the Hilton Ponce Golf & Casino Resort by Serrallés Hotel, Inc., covering 255 rooms, public spaces, restaurants, event facilities, tech upgrades and amenities—aimed at boosting visitor traffic and local jobs. Energy & Grid Resilience: The U.S. Department of Energy closed a $489.4 million loan to Amanecer Puerto Rico (Pattern Energy) to add 220 MW of battery storage in Arecibo and Santa Isabel, targeting lower outage costs and more reliable power as drought and blackouts strain the system. Water Crisis: Puerto Rico is set to begin 48-hour water rationing for more than 180,000 San Juan-area customers starting Friday, as the drought worsens. Retail Expansion: Burlington will open a new San Germán store Aug. 14, its 31st in Puerto Rico, with a redesigned format and weekly new merchandise. Business & Finance: Service Properties Trust reported second-quarter 2026 results, and Costco posted July sales growth, including operations across Puerto Rico. Policy & Markets: A new report says 284 solar policy actions were taken in Q2 2026 across 45 states plus Washington, D.C., and Puerto Rico, with net metering and community solar leading the debate.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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