MONTERREY, MEXICO (By editors with Energy Analytics Institute, 22.Apr.2026, Words: 308) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond and span company details on Chevron Venezuela, Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR), and PetrĂłleos Mexicanos (PEMEX), among […]
Category: Puerto Rico
TotalEnergies expands LatAm partnership with AES from LNG to renewable energy
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 2.Jul.2025, Words: 475) — TotalEnergies closed its acquisition of a 50% stake in the solar, wind and battery energy storage systems (BESS) portfolio of AES Dominicana Renewables Energy. This deal follows TotalEnergies’ 2024 acquisition of a 30% share in AES solar and battery assets currently under […]
LUMA completes repairs to transformer at Las Piedras substation in Puerto Rico
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.Jun.2025, Words: 346) — San Juan, Puerto Rico-based LUMA, as part of its efforts to strengthen the electrical system, completed repairs to the main transformer at the Las Piedras substation. The repairs will improve service reliability for over 7,450 customers in this […]
US DOE monitoring situation in Puerto Rico after massive power outage
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 17.Apr.2025) — The US Department of Energy (DOE) is monitoring the situation in Puerto Rico after the island’s recent power outage. The power outage occurred on 16 Apr. 2025 and was due to the unexpected shutdown of all the generating plants on the […]
Puerto Rico governor issues executive order to modify energy emergency preparations
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.Apr.2025, Words: 2,206) — On 2 Apr. 2025 the governor of Puerto Rico Jenniffer González-Colón issued an executive order to significantly expand the island’s ongoing energy emergency declaration. The official resolution and order follows:
Crowley and Naturgy Deploy American Enegy US LNG Carrier to Serve Puerto Rico
HOUSTON, TEXAS (Philipp Markopulos, Energy Analytics Institute, 18.Mar.2025) — Crowley and Naturgy entered into a multi-year agreement that provides for the regular delivery of US mainland-sourced liquefied natural gas (LNG) to Naturgy’s operating facility in Penuelas, Puerto Rico. This, as Crowley raised the US flag on the American Energy carrier, […]
WoodMac Donates Solar Power System to Puerto Rican Domestic Violence Shelter
LONDON/HOUSTON/SINGAPORE (Wood Mackenzie, 6.Mar.2025) — To honor the upcoming International Women’s Day, Wood Mackenzie, in partnership with Let’s Share the Sun and other third parties, recently donated 24 solar panels and 2 batteries of storage to a shelter for victims of domestic violence in Puerto Rico. The fully installed 10.8 […]
New Fortress Inks GSA with Energiza in Puerto Rico
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 22.Jan.2025) — New Fortress Energy Inc. (NFE) executed a 20-year gas supply agreement with Energiza to provide natural gas to a 478 MW combined-cycle power plant being developed in San Juan, Puerto Rico. The power plant is adjacent to NFE’s existing San Juan […]
Nearly all of Puerto Rico is Without Power on New Year’s Eve
(Dánica Coto, AP) — A blackout hit nearly all of Puerto Rico early on Tuesday as the U.S. territory prepared to celebrate New Year’s, leaving more than 1.3 million clients in the dark. Officials said it could take up to two days to restore power. The outage hit at dawn, […]
New Fortress Completes 3rd Loading Offshore Altamira
(Energy Analytics Institute, 25.Oct.2024) — New Fortress Energy Inc.’s (NFE) initial Fast LNG unit completed its third cargo loading on 25 Oct. 2024. The cargo has been loaded onto the BW Pavilion and is setting sail for NFE’s operation in Puerto Rico, NFE said 25 Oct. in an official statement. […]
Fitch Downgrades NFE’s IDR to ‘B+’
(Fitch, 12.Aug.2024) — Fitch Ratings has downgraded New Fortress Energy Inc.’s (NFE) Long-Term Issuer Default Rating (IDR) to ‘B+’ from ‘BB-‘ and has placed it on Rating Watch Negative. The senior secured debt has been downgraded to ‘B+’/’RR4’ from ‘BB-‘/’RR4’. ‘RR4’ denotes average recovery in the event of default. The […]
New Fortress Reports on 2Q:24 Results, Fast LNG
(New Fortress, 9.Aug.2024) — New Fortress Energy Inc. reported its financial results for the second quarter of 2024. Summary Highlights — Adjusted EBITDA(1) of $120mn in the second quarter of 2024 — Second quarter results do not include $107mn of contracted LNG sales during the quarter, which will be included in Adjusted EBITDA and earnings […]
MPC Energy Solutions 1Q:23 Results Show Rise in Revenues and EBITDA
(MPC Energy, 27.Apr.2023) — MPC Energy Solutions (MPCES) announces its 1Q:23 results. The quarter was marked by several milestones including connecting three more projects to the power grid and signing long-term off-take agreements for new projects. Revenues and operating profits increased significantly compared to 1Q:22.  “The results of the […]
MPC Energy Expands Further into Puerto Rico
(MPC Energy, 28.Mar.2023) — MPC Energy Solutions (MPCES) invests in a 2.6 MW grid-tied combined-heat-and-power plant (CHP) development project in Puerto Rico. This is the second project in Puerto Rico for MPC Energy Solutions, following the investment in its Neol CHP plant last year. The new plant will generate electricity using liquefied natural […]
Seaside LNG Acquires LNG Bunker Barge from TOTE Maritime Puerto Rico
(Seaside, 9.Feb.2023) — Seaside LNG announced the acquisition of the liquefied natural gas fueling barge the Clean Jacksonville from TOTE Maritime Puerto Rico, LLC, a subsidiary of TOTE Group, LLC. Seaside LNG’s maritime transportation company, Polaris New Energy, has contracted to continue fueling TOTE’s Marlin Class LNG-powered container ships and other commercial […]
MPC Energy Solutions Start Operations for its Solar Plants in El Salvador
(MPC Energy Solutions, 6.Feb.2023) — MPC Energy Solutions (MPCES) announced the start of operations for its Santa Rosa and Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined installed capacity of 21.3 MW. Santa Rosa and Villa Sol are the third and fourth projects in the company’s portfolio to start […]
Vivaris Capital and United Cities to Create Sustainable Net Zero Cities
(Vivaris Capital, 17.May.2022) — Vivaris Capital, LLC, a multi-strategy fund offering hybrid hedge and private equity structures, signed a global facilitation agreement with United Cities (UCNA). Vivaris and UCNA will work together to develop sustainable real estate projects and to deploy climate technologies. UCNA’s mission is to support the UN-approved 2030 Sustainability […]
MPC Energy Solutions Releases 2021 Preliminary Unaudited Financials
(MPC Energy, 3.Mar.2022) — “2021 was an eventful year for MPC Energy Solutions. We made significant progress and expanded our broad portfolio of renewable energy assets in Latin America and the Caribbean. And now, in Q1 2022, we are reaching another important milestone, as our first projects become operational and start generating revenue,” […]
MPC Energy Solutions Grows Presence in its Key LatAm and the Caribbean Markets
(MPC Energy Solutions, 3.Mar.2022) — “2021 was an eventful year for MPC Energy Solutions. We made significant progress and expanded our broad portfolio of renewable energy assets in Latin America and the Caribbean. And now, in Q1 2022, we are reaching another important milestone, as our first projects become operational and start generating […]
MPC Energy Invests In Energy Efficiency Through Cogeneration In Puerto Rico
(MPC Energy Solutions, 7.Jun.2021) — MPC Energy Solutions N.V. signed the acquisition of a 3.4 MW Combined Heat and Power (CHP) project in Puerto Rico. The project will sell the produced heat and power under a 12-year USD-denominated energy service agreement to a pharmaceutical company. This is MPC Energy Solutions’ […]
LatAmNRG Q&A: Latina Women In Energy And Stem, Junellie González Quiles
(Energy Analytics Institute, Jared Yamin, 1.Jun.2019) — Junellie González Quiles was born and raised in Puerto Rico. She studied at the Colegio CongregaciĂłn Mitain Hato Rey, Puerto Rico before later studying at the University of Maryland, College Park. González currently works at NASA Goddard Space Flight Center doing research on […]
OPEC Releases MOMR With Data Thru Feb. 2019
(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) — OPEC announced publication of its Monthly Oil Market Report (MOMR) as of 14 March 2019 with details on producers in Latin America and the Caribbean from Venezuela, Ecuador, Brazil, Colombia, and Mexico. *** © Energy Analytics Institute (EAI)
Puerto Rico to Restructure $3 Bln Power Debt
(AP, 3.Aug.2018) – Puerto Rico’s government reached a deal Monday night with a bondholder group to restructure more than a third of the debt owed by its troubled power company as the utility moves towards privatisation. A federal control board overseeing the US territory’s finances called it an “important milestone” […]
Petroleum Geology of Mexico and the Northern Caribbean
(The Geological Society, 25.Jul.2018) – The Gulf of Mexico is a world class prolific hydrocarbon system. As a result of recent energy reform the Mexican sector of this basin has been open to international companies for the first time through a series of competitive licence rounds. The first phase of […]
Puerto Rico Power Co Names 3rd CEO
(AP, 19.Jul.2018) – Puerto Rico’s governor named a new CEO on Wednesday to lead the US territory’s power company, which has now seen three top executives in two weeks as it struggles with a lack of leadership, bankruptcy and the restoration of electricity to hundreds who remain in the dark […]
Puerto Rico Power Grid Still Unstable
(AP, Michael Weissenstein and Danica Coto, 19.Jul.2018) – Ten months after Hurricane Maria destroyed Puerto Rico’s electric grid, the local agency responsible for rebuilding it is in chaos and more than $1 billion in federal funds meant to strengthen the rickety system has gone unspent, according to contractors and U.S. […]
Can Solar Energy Speed Puerto Rico’s Recovery?
(PBS NewsHour, 20.Mar.2018) – Here’s what it would take Six months after Hurricane Maria, and whole towns in Puerto Rico still remain without power. Many think solar energy can help the recovery, but making renewables a mainstay will require more than solar panels. There’s also a monopoly and Congress with which […]