Polaris Infrastructure Extends Memorandum of Understanding for 10 MW Run-of-River Hydro Project in Panama


News from Panama

Polaris Infrastructure Inc. (TSX: PIF) (“Polaris Infrastructure” or the “Company”), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, announced today that it has extended the period of exclusivity to June 30, 2021 for the Memorandum of Understanding (“MOU”) signed in 2020 to acquire the owner of a Panama-based 10 MW run-of-river […]

January 19, 2021

A new gas to power project for Panama?


News from Panama

A new, large-scale gas to power project is envisioned for Panama, home to Central America’s first such undertaking after AES Panamá brought online its 381MW plant (pictured) in 2018. BNamericas has learned that Generadora de Gatún holds a provisional license from public services regulator Asep for the 670MW Gatún natural gas-fired project. The plant would be built in the […]

January 19, 2021

Panama- OPINION – The Blameless Gentlemen


News from Panama

This appeared in Newsroom Panama.  Good Op-Ed. The Supreme Court of Justice should prepare a very detailed manual or guide for filing complaints or lawsuits against the immaculate fathers of the country, since the “suitable evidence” is the most difficult puzzle to put together in judicial matters, because, whatever The one that is presented for […]

January 19, 2021

Suez Canal emerges as Panama alternative for US LNG


News from Panama

  Ongoing congestion at the Panama Canal has forced charterers looking to deliver US LNG cargoes to northeast Asia to seek alternative routes, with the Suez Canal emerging as the clear preference in recent weeks. Transit of the Suez Canal had already increased for carriers with US cargoes that were loaded in December and en route […]

January 19, 2021

IOC Makes Strong Warning to Panama


News from Panama

(ATR) The International Olympic Committee recognizes Damaris Young as the new president of the Olympic Committee of Panama (COP) and “energetically” rejects the violation of the autonomy of the national Olympic entity. Damaris Young is the new president of the Olympic Committee of Panama. (Young) Young, a former national basketball team member and jurist specializing […]

January 19, 2021

Fitch Ratings 2021 Outlook: Panamanian Insurance


News from Panama

Fitch Ratings-Colombia-14 January 2021: Fitch Ratings’ outlook for the insurance sector in Panama is worsening, based on the behavior of the country’s macroeconomic variables. Fitch expects the economy to contract 13.2% followed by a 4.3% rebound in 2021. Although the growth of the main business lines was affected by the pandemic in 2020, the technical […]

January 19, 2021

Read the Panama Maritime Review: Celebrating 20 years


News from Panama

It has become a most comprehensive source of information on and for the domestic maritime industry presenting all the components of a sector contributing more than 35% of the country’s GDP and which has given Panama a brand name of excellence. Like every year, the Panama Maritime Review gives a detailed outlook of the various […]

January 19, 2021

Tourism Infrastructure: $372 Million in Investments


News from Panama

In Panama, there are plans to develop in Bocas del Toro, Chiriqui, Archipelago de las Perlas and Punta Chame, five lodging projects that seek to benefit from the Law on Incentives for Tourist Investments. Law 122 of December 31, 2019, which dictates incentive rules for the promotion of tourist activities in the interior of the […]

January 19, 2021

Panamonte Estates Best


News from Panama

If you’re seeking a luxurious lifestyle in a premier Boquete community, this home is a great choice.  Here is why we love Panamonte Estates. Living in Panamonte Estates Yes, I am partial to my home as this gorgeous residence is located in Panamonte Estates, the exclusive, small residential community in downtown Boquete, Panama.” We spent […]

January 12, 2021