AGP Executive Report
Last update: 2 hours agoEnergy & Costs: Puerto Rico’s procurement office referred New Fortress Energy to federal authorities over its refusal to supply gas to the San Juan power plant, citing possible violations of six statutes while leaving any legal conclusions to investigators. The Chamber of Commerce is also seeking a six-month pause on the “crudita” fuel tax as higher electricity costs squeeze businesses. Industry & Trade: Puerto Rico manufacturers are planning the sector’s next decade of growth, while seven local companies joined a DDEC trade mission to Texas. Finance: Bankruptcy filings climbed as accumulated debt reached $865.4 million. Separately, a former chairman and co-owner of a Puerto Rican bank was sentenced in a multimillion-dollar wire-fraud case. Travel & Technology: San Juan airport traffic rebounded to more than 810,000 passengers in September. Tesla says new Model 3 and Model Y buyers in Puerto Rico can use their cars for home backup during outages, but the system requires a Powerwall 3.
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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