AGP Executive Report
Last update: 11 hours agoEnergy Relief: Lawmakers are pressing Treasury to disclose whether any of the roughly $554 million allocated for tax-relief checks remains, arguing surplus funds could help offset rising electricity costs without straining the budget. Grid Investment: Sunrun says its Puerto Rico battery network has grown to more than 60,000 customers and nearly 70,000 batteries, supplying up to 45 megawatts to help prevent outages. Local Commerce: Evertec’s Nov. 15 ATH Móvil Navimarket will bring about 250 local businesses together for holiday sales at the Puerto Rico Convention Center. Restaurant Jobs: All 121 KFC and Taco Bell locations remain closed after Yum! Brands ended its relationship with local operator Encanto Restaurants, leaving nearly 2,000 workers out of work; talks with a potential new franchise partner reportedly face hurdles. Financial Services: STEP proposes building Puerto Rico into a fiduciary-services hub, estimating Act 60 investors could represent $11 billion to $21 billion in trust assets and the sector could generate 350 to 1,000 jobs in its first three years.
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