Razon-led Manila Water Co. and newly entered retail electricity supplier PrimeRES Energy Corporation switched on their first retail aggregation program (RAP) for 10 water facilities. In a switch-on ceremony on Thursday, Feb. 27, Manila Water President and Chief Executive Officer (CEO) Jocot de Dios...
Department of Transportation (DOTr) Secretary Jaime Bautista is confident that the upcoming election ban on government projects will not affect the agency’s big-ticket infrastructure projects. DOTr Secretary Jaime Bautista speaks to the media during a Palace press briefing. (RTVM...
Aboitiz InfraCapital, Inc. (AIC) is expanding its airport portfolio after securing a deal to upgrade, operate, and maintain Bohol-Panglao International Airport. In a statement on Wednesday, Nov. 27, the infrastructure arm of the Aboitiz Group said it received the notice of award (NOA) from the...
In pursuit of funding infrastructure developments, Prime Infrastructure has secured a P5 billion loan facility with the state-run Land Bank of the Philippines. In a statement, Prime Infra said the loan would be able to partially finance the firm’s working capital requirements and its three core...
Property giant Ayala Land Inc. (ALI) and its real estate investment trust, AREIT Inc., have tapped Razon-led Prime Infrastructure for sustainable waste management. Trash produced by eight AREIT office buildings will be processed at Prime Integrated Waste Solutions' (PWS) facility in Binaliw,...
President Marcos on Saturday, April 27, promised to bring in more investments and funding for infrastructure projects in Cebu to solidify its’ and Lapu-Lapu City’s status as the leading driver of economic growth and prosperity in the country. President Ferdinand 'Bongbong' Marcos Jr....
The Upper Wawa Dam, the second phase of the Wawa Bulk Water Supply, is on course to begin operations by the end of 2025 with its progress currently over 70 percent. The project led by Prime Infra’s WawaJVCo Inc. will provide a water capacity of over 700 million liters per day (MLD) and benefit...
First Gen Corp. and Prime Infrastructure Capital, Inc. (Prime Infra) have entered into a lease agreement for the liquefied natural gas (LNG) storage and regasification terminal located in Batangas City. In a disclosure to the Philippine Stock Exchange on Wednesday, Dec. 27, First Gen said that...
SP New Energy Corp. (SPNEC) has acquired all of the shares of Prime Infrastructure Inc. (Prime Infra) in their joint venture firm Terra Solar Philippines Inc. (TSPI) for P6 billion to build the world’s largest solar project at a cost of about P200 billion. In a disclosure to the Philippine Stock...
Razon-led Prime Integrated Waste Solutions Inc. (PWS) has kicked off production of refuse-derived fuel (RDF) through the use of municipal solid wastes as its feedstock. As explained by Prime Infra President and CEO Guillaume Lucci, “by harnessing the potential of RDF, we convert waste into a...
Aboitiz InfraCapital (AIC), one of the country’s leading infrastructure companies, is strategically expanding its portfolio to Central Luzon with plans to develop a 200-hectare economic estate in Tarlac City. In a statement, the firm said its subsidiary LIMA Land Inc. has acquired the 200 hectare...
The targeted mandatory pie for power supply agreements (PSA) anchored on gas-fed power generating facilities will just be confined to gas volumes that will be extracted from the Malampaya field, according to a ranking Department of Energy (DOE) official. Energy Undersecretary Rowena L. Guevara...
