AGP Executive Report
Last update: 11 hours agoGrid and Energy: The U.S. Energy Department renewed emergency orders allowing generation dispatch and vegetation work to support Puerto Rico’s fragile grid. Separately, a proposed plan would pay rooftop-solar owners 7 to 8 cents per kilowatt-hour for surplus power. Investment and Jobs: Puerto Rico’s fiscal board approved a $34.5 million Carolina bond issue to expand a medical district. Santurce’s new Roost venue, backed by a $200,000 investment, is creating 12 jobs. Business Results: Evertec reported third-quarter revenue growth of 24%, while Liberty Puerto Rico added 6,000 mobile subscribers. Costs and Outlook: Medical costs on the island are set to rise in 2027, as economists warn the economy is losing momentum and faces another year of stagnation. Pizza Hut is also closing its 56 Puerto Rico restaurants.
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.