News

Prime Infrastructure Capital Inc. (Prime Infra) started construction of its 140-megawatt solar power plants in Tanauan, Batangas and Marogondon, Cavite with target to start commercial operations by yearend. Prime Infra, through its unit Solar Tanauan Corporation, held the groundbreaking ceremony for the renewable energy project on April 11, Tuesday, together with representatives from the provincial […]

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 […]

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 […]

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 […]

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 […]

Manila, Philippines – Prime Infra Holdings, Inc., Enrique K. Razon Jr.’s critical infrastructure arm, is poised to acquire a controlling stake in businessman Dennis Uy’s Udenna-led Malampaya deep-water gas-to-power project, one of the biggest and most successful, commercial gas finds in the Philippines. The acquisition process has kicked off and will close subject to the […]

Manila, Philippines – Prime Infra’s Ahunan Power recently obtained their Certificate of Confirmation of Commerciality from the Department of Energy (DOE), last November 2021. Ahunan Power’s Pumped Storage Hydroelectric Power Project is a 1400 Megawatt (MW) Pumped Storage Hydro Electric Power Plant (PS-HEPP) that’s being developed for both ancillary service and the energy supply markets. […]