Tag page - Prime Infrastructure Capital Inc. (Prime Infra)

First Gen Corp.’s independent directors pushed back against critics of its clean energy expansion, stating that the projected annual earnings fully justify the acquisition premium paid to billionaire Enrique Razon Jr.’s Prime Infrastructure Capital Inc. In a joint press statement, independent...

First Gen Corp. clarified the inclusion of “Key Man” clauses in its hydropower joint venture with Prime Infrastructure Capital Inc., dismissing descriptions of the management control provisions as a “poison pill” and asserting the terms were a requirement of its partner. The power producer...

First Gen Corp. confirmed that it faces a potential financial hit of more than ₱23 billion if Federico “Piki” Lopez is ousted from leadership, disclosing “poison pill” clauses in its partnership with ports, and gaming magnate Enrique K. Razon Jr.’s Prime Infrastructure Capital Inc. In...

Months after Razon-led Prime Infrastructure Capital Inc. (Prime Infra) moved to acquire a majority stake in the gas business of Lopez-led First Gen Corp. (FGen), both parties are now awaiting the green light from the anti-trust watchdog Philippine Competition Commission (PCC) to complete the deal....