Finance Secretary Ralph G. Recto has commended the Prime Infrastructure Capital Inc. for investing in two big-ticket storage power projects in Luzon. Recto said these investments will help ensure a stable electricity supply for the people and contribute to the country's goal of transitioning to a...
TORONTO – Investors who are seriously looking at infusing heavy capital for nuclear power projects in the Philippines are decisively assessing concerns on siting as well as certainty of regulatory frameworks being the challenges that could make or break a deal in the resurgence of this...
Prime Integrated Waste Solutions Inc. (PWS), a subsidiary of Razon-led Prime Infrastructure Capital, has advanced into operational phase the country’s first automated materials recovery facility (MRF) sited in Cebu that will be utilized for strategic waste management as well as storage, prior to...
The much-awaited giant initial public offerings (IPOs) of SM Prime Holdings’ real estate investment trust and Prime Infrastructure Inc. of billionaire Enrique K. Razon Jr. may not happen this year. In an online briefing, Abacus Securities Corporation Research Head Raymond Neil "Nicky" Franco...
Prime Energy Resources Development B.V. has set a high standard for safety excellence in the energy industry. The subsidiary of Enrique Razon’s Prime Infrastructure Capital Inc. hit a milestone for its “Goal Zero” in over 22 years at the Malampaya Onshore Gas Plant (MOGP). Goal Zero is an act...
Solar Tanauan Corp.’s solar power plants are set to be Batangas and Cavite’s new renewable energy source. The solar plants of Tanauan, Batangas, and Maragondon, Cavite are expected to hold a gross capacity of 140 megawatts. It was estimated that 84,000 households will be powered by...
The "gas aggregation" scheme being proposed by Prime Infrastructure Capital Inc. of the Razon group, will help soften electricity rates for consumers because the scheme will lessen the risk of gas plant-developers in their fuel procurements. This is according to ENEX Energy Corporation Chairman...
bp ventures, the venture capital business unit advancing the net zero goal of multinational energy firm BP, is injecting $10 million into WasteFuel Global, a subsidiary of Razon-led Prime Infrastructure Capital Inc. With the investment, Prime Infra reiterated in a press statement that WasteFuel is...
Razon-led Prime Infrastructure Capital Inc. has inked a memorandum of understanding (MOU) with FGEN LNG Corporation of the Lopez group for the lease and operation of the latter’s liquefied natural gas (LNG) storage and regasification terminal for its gas aggregation business plan. Beyond the MOU,...
Tycoon Enrique K. Razon’s Prime Infrastructure Inc. has agreed to restructure its partnership with Leandro Leviste’s Solar Philippines Power Project Holdings, Inc. (SP) that involves three joint venture companies. In a disclosure to the Philippine Stock Exchange, SP said it has entered into a...
Prime Integrated Waste Solutions Inc. (PWS), a subsidiary of the Razon Group’s Prime Infrastructure Capital Inc. (Prime Infra), has completed its acquisition of Cebu-based ARN Central Waste Management, Inc. (ACI). In a statement, Prime Infra said the acquisition was sealed during a ceremonial...
Prime Energy, a subsidiary of the Razon Group’s Prime Infrastructure Capital Inc., has convened an advisory council composed of technical experts and key industry leaders for the exploration and development of the Malampaya gas field. In a statement, Prime Infra said the advisory council will...
