The New Fortress Energy Inc. chairman & CEO said the newly structured business will be “capital-light” with low leverage and strong free cash flow, supported by long-term supply and demand agreements. (Facebook via New Fortress Energy) By THE STAR STAFF New Fortress Energy Inc. (NFE), the parent company of Genera PR, has announced that it has entered into a restructuring support agreement with its creditors as part of a consensual U.K. Restructuring Plan, a process expected t

A temporary waiver of the Jones Act -- like Trump’s 60‑day suspension -- can provide meaningful short‑term relief by allowing foreign vessels to deliver fuel and cargo more cheaply and more efficiently. (Puerto Rico Institute of Statistics) By THE STAR STAFF President Donald Trump has issued a 60‑day suspension of the Jones Act, the century‑old U.S. maritime law that requires cargo shipped between U.S. ports to travel on American‑built, American‑owned and American‑crewed vess

Speaker of the Puerto Rico House of Representatives Carlos “Johnny” Méndez Nuñez By THE STAR STAFF Speaker of the Puerto Rico House of Representatives Carlos “Johnny” Méndez Nuñez, along with House Government Committee Chairman Víctor Parés Otero, announced Wednesday that the Puerto Rico Energy Bureau (PREB) issued a resolution last week reaffirming the reallocation of $527 million to 35 municipalities for the repair and replacement of streetlights, thus completing the alloca

U.S. District Judge Laura Taylor Swain By THE STAR STAFF The Financial Oversight and Management Board told the federal court this week that mediation in the Puerto Rico Electric Power Authority (PREPA) Title III bankruptcy has produced no meaningful progress toward a consensual restructuring agreement for the utility’s $9 billion debt, prompting U.S. District Judge Laura Taylor Swain to warn that the case cannot continue forward without concrete results. Bondholders continue

By THE STAR STAFF Arecibo District Sen. Brenda Pérez Soto filed a joint resolution in the upper chamber on Wednesday to designate the Educational Park for Traffic Safety (PESET by its acronym in Spanish), which is located at the Driver Services Center in Manuel Zeno Gandía Industrial Park in Arecibo, with the name of former Puerto Rico first lady Irma Margarita “Maga” Nevares de Rosselló. The measure recognizes Nevares de Rosselló’s career and her commitment to initiatives ai

By THE STAR STAFF LUMA Energy stated on Wednesday that the fuel cost adjustment on electricity bills is not a rate increase requested by the company, but rather a regulated mechanism that responds to changes in the energy market. “It is important to clarify that this does not constitute a request for a rate increase on the part of LUMA,” LUMA Energy said in a written statement. “The fuel cost adjustment is a regulated mechanism that reflects changes in the cost of energy gene

Gov. Jenniffer González Colón By THE STAR STAFF Gov. Jenniffer González Colón made it clear Wednesday that she will no longer engage in the public controversy and bickering with Senate President Thomas Rivera Schatz that has gone on up to this point. Stating that conflicts require two parties to exist, the governor and president of the New Progressive Party (NPP) said: “What needed to be said has been said. The people know what I’ve expressed, and there is a lot of work to do

Rep. Joe Colón Rodríguez By THE STAR STAFF District 22 Rep. Joe “Joito” Colón Rodríguez on Tuesday introduced House Bill 1188, which seeks to strengthen the prohibition of the manufacture, sale, distribution, possession and use of synthetic cannabinoids in Puerto Rico. These products, created entirely in a laboratory to mimic THC, can be between 10 and 100 times more potent than natural cannabis and are sold under names such as “K2,” “Spice” and “Black Mamba,” often deceptive

U.S. Court of Appeals for the First Circuit in Boston By THE STAR STAFF A federal appeals case in Puerto Rico is intensifying concerns among press‑freedom advocates after a recent Boston Globe opinion piece warned that the dispute could endanger press liberties across the United States and potentially worldwide. The case challenges Puerto Rico’s controversial “false alarm” law, a statute that criminalizes publishing information the government deems “false” during a declared

Flight cancellations at Luis Muñoz Marín International Airport in Carolina came as the eastern half of the United States endured a succession of heavy snowfall, high winds and hazardous road conditions across the Upper Midwest and Mid‑Atlantic, according to reports. By THE STAR STAFF More than a dozen flights were canceled Tuesday at Luis Muñoz Marín International Airport in Carolina as severe weather across the United States continued to impact air travel. An updated report