Para La Naturaleza

Financing to support program expansion and renewable energy improvements to visitor and nonprofit-run community centers that provide areas with reliable and sustainable forms of electricity and water.

Investment

  • NMTC Amount: $10,000,000
  • Total Project Cost: $10,000,000

IMPACT

  • 5 FTE jobs

Investor

Project Description

Investor: Capital One, N. A. Para la Naturaleza (PLN) is a leader in environmental conservation and historic preservation in the islands of Puerto Rico. The Project sought to utilize NMTCs to support program expansion and renewable energy improvements to visitor and nonprofit-run community centers that provide areas with reliable and sustainable forms of electricity and water. PLN was also able to form Hábitat, a ecological and community recovery program that integrates habitat reforestation, endemic and native species education, volunteerism, support to agro-ecological farmers, ecotourism activities and employment, and citizen science to analyze and document ecological advancements.

MAP

Address: 155 Calle de Tetuan, San Juan, PR 901

Census Tract: 72127000506

Other Puerto Rico Projects

Boys and Girls Club with after-school programs and other youth enrichment.

NMTC financing supported the rehabilitation of a former warehouse into a 40,000 square foot pharmaceutical manufacturing plant where it produces Alinia, a prescription drug that treats illnesses caused by Crypotsporidium
A 246-bed Acute Care Hospital located in Caguas, Puerto Rico whose primary function is to provide inpatient diagnostic and therapeutic services for a variety of medical conditions, both surgical and
New multi-functional facility houses Puerto Rico’s first charter school in one of the island’s most economically underserved and isolated communities