Prime Energy Resources Development B.V. is a natural gas exploration and development company. It owns the 45-percent operating interest in Service Contract 38 or the Malampaya deep water gas-to-power project supplying 20 percent of Luzon’s electricity requirements.
In its two decades of operation, the Malampaya project supported the Philippines’ energy security and made significant contributions to stakeholder communities through sustainable social and environmental programs.
Terra Solar is a partnership of Prime Infra and Solar Philippines Power Project Holdings. It is developing the 2,500MW (min) solar power plant and 4,000MWh (min) energy storage system, one of the largest solar hybrid projects in South East Asia.
It has a power supply agreement with Meralco to provide 850MW mid-merit renewable energy, which can approximately power 1.55 million houses per year (average of 200kWh/month), while displacing an annual consumption of approximately 1.4 million tons of coal or 930 million liters of oil. This means reduction in both greenhouse gas emissions and import dependency for the country from 2026 to 2046.
Solar Tanauan Corporation will supply up to 140 megawatts of clean and renewable energy from its solar power plants under construction in Tanauan, Batangas and Maragondon, Cavite. It has a 50MW, 20-year power supply agreement with Meralco, and will supply the rest of its output to the grid, all while providing sustainable and socially relevant developmental programs to the community.
Prime Integrated Waste Solutions, Inc. is an integral component of Prime Infra’s waste business that aims to bridge the gap in the waste ecosystem by managing collection and disposal of various waste, and converting waste into low-carbon, sustainable fuels.