News

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 […]

Prime Infra-led WawaJVCo, Inc. continues to advocate community resilience by strengthening the disaster preparedness and response skills of its host communities in Rizal province. In partnership with non-government organization People’s Initiative for Learning and Community Development (PILCD), WawaJVCo recently concluded Phase 2 of its training workshop on Inclusive Community-Based Disaster Risk Reduction and Management for […]

Razon-led Prime Infrastructure Capital, Inc. (Prime Infra), through its unit WawaJVCo, Inc., was hailed “Best Infrastructure Project Plant Developer” in this year’s prestigious International Finance Awards. Already on its 10th year, the International Finance Awards “recognizes industry talent, leadership skills, industry net worth, and capability on an international platform.” It is organized by the International […]

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 […]

As part of its development agenda for Pakil in Laguna, Ahunan Power Inc. (Ahunan) launched a corporate social responsibility (CSR) program dubbed “Tayo Na Pakil,” a celebration of what the future holds for the municipality. Ahunan is a subsidiary of Prime Infrastructure Capital, Inc. (Prime Infra), the infrastructure arm of Enrique K. Razon, Jr. Tayo […]

Prime Exploration Pte. Ltd., a subsidiary of Prime Infrastructure Capital Inc. (Prime Infra), recently signed a share purchase agreement acquiring MEXP Holding Pte. Ltd. (MEXP) from a subsidiary of Udenna Corporation. MEXP previously signed an agreement with Shell Petroleum N. V. (Shell) acquiring Shell Philippines Exploration B. V. (SPEX) from the latter. SPEX owns a […]

The Manila Electric Company (Meralco) declares Ahunan Power, Inc. (Ahunan) as the Original Proponent in relation to its offer to supply 500 megawatts (MW) of mid-merit power using pumped storage hydropower (PSH) as an energy storage system. Ahunan is a subsidiary of Prime Infrastructure Capital Inc. (Prime Infra). Meralco, through its Third-Party Bids and Awards […]

Razon-led Prime Infrastructure Capital, Inc. or Prime Infra (formerly Prime Infrastructure Holdings, Inc.) through its unit WawaJVCo, Inc. achieves a milestone with the completion of the Tayabasan  Weir, which is phase 1 of the Wawa Bulk Water Supply Project, a critical water infrastructure flagship project of the government, which aims to provide ample water supply […]

Manila, Philippines – Prime Infrastructure Holdings, Inc. (Prime Infra), the critical infrastructure arm of Enrique K. Razon, Jr., embarks to deliver the world’s largest solar power facility with a capacity of 2,500MW to 3,500MW combined with 4,000MWh to 4,500MWh battery energy storage system (BESS) boosting the supply of renewable energy in the country. The project […]