AGP Executive Report
Last update: 6 hours agoRenewable Energy: Sunergise plans to acquire New Zealand’s Infratec, combining commercial solar operations with utility-scale solar and battery expertise. The deal expands its Pacific business, building on five projects the companies have delivered together in Nauru, FSM and the Marshall Islands. Insurance Industry: FSM’s captive insurance program has generated about $338 million in corporate income tax since its launch, President Wesley Simina said at a Tokyo seminar as the government seeks to deepen ties with Japanese businesses. Fisheries: Pacific Islands Forum Fisheries Agency members will propose a bigeye tuna management measure covering both purse seine and longline fleets. A shared approach could protect the stock while addressing limits on fishing opportunities and potential island-country revenue. Palau Investment: The United States committed $7 million toward a regional maritime law enforcement center in Palau, part of a broader $44 million Pacific initiative. The center will train personnel and coordinate responses to illegal fishing and other cross-border crime.
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