News

Preparatory measures are being undertaken by Prime Energy in relation to the two-week scheduled maintenance shutdown (SMS) for the Malampaya Deep Water Gas-to-Power (Malampaya) project. Beginning on February 4 until 18, the SMS is part of a planned maintenance activity in Malampaya to ensure that the equipment and assets within the facility operate safely, reliably, […]

An advisory council composed of technical experts and key industry leaders was convened to ensure the long-term success of the multi-year exploration and development programs of Prime Energy, a subsidiary of Prime Infrastructure Capital Inc. (Prime Infra) that has recently completed its acquisition of the 45-percent operating stake in Malampaya. Created by Prime Energy, the […]

Prime Infra, the infrastructure arm of the Razon Group, is investing in the modernization of a Waste Management company in Cebu City, bringing it at par with world-class Materials Recovery Facilities (MRF) in other developed countries like Singapore. Prime Integrated Waste Solutions, Inc. (PIWSI), a Prime Infra subsidiary, is set to fully acquire ARN Central […]

Prime Infrastructure Capital Inc. (Prime Infra), through one of its subsidiaries, has completed its acquisition of the 45-percent operating stake in the Malampaya deep water gas-to-power project effective November 1, 2022. This after Prime Infra’s subsidiary assumed full ownership and control of Malampaya operator Shell Philippines Exploration B.V. (SPEX).  The renaming of SPEX to Prime […]

Terra Solar Philippines (Terra Solar), a unit of Prime Infra-led Terra Renewables Holdings, Inc., has signed the power supply agreement (PSA) for the 850-megawatt mid-merit requirement of Manila Electric Co. (Meralco). Signing on behalf of Terra Solar is Prime Infra Chairman Enrique Razon, Jr., with Prime Infra and Terra Renewables President and CEO Guillaume Lucci […]

PAKIL, Laguna — More than 500 residents here, mostly children, senior citizens, pregnant women, and persons with disabilities (PWDs), were able to avail of free medical assistance and other health services during the medical mission led by Ahunan Power Inc. (Ahunan) on October 1. The medical mission is part of Ahunan’s corporate social responsibility (CSR) […]

The Department of Energy’s (DOE) decision approving the transfer of shares of Malampaya operator Shell Philippines Exploration B.V. (SPEX) to a subsidiary of Prime Infrastructure Capital Inc. (Prime Infra) marks the initial foray of Enrique K. Razon Jr’.s infrastructure arm into the upstream energy market, fulfilling its purpose to make better lives and resilient economies […]

Prime Infra-led Ahunan Power, Inc. (Ahunan) has entered into an agreement to acquire a majority stake in renewable energy developer Olympia Violago Water and Power, Inc. (OVWPI). OVWPI is in the pre-development stage of the 500-megawatt (MW) Wawa Pumped Storage Hydropower (PSH) Project in Rizal province, with construction targeted to start in 2023. “The agreement […]

Razon-led Prime Infrastructure Capital, Inc. (Prime Infra) has appointed Sebastian C. Quiniones, Jr. as the General Manager of Prime Exploration Pte. Ltd. (Prime Exploration) effective August 17, 2022. Quiniones is the former general manager and managing director of Shell Philippines Exploration B. V. (SPEX) and one of the first Filipino talents in SPEX to have […]