Tag: Prime Infra

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PCC green lights Prime Infra, First Gen deal

Energy & Mining Context.ph Context.ph -
The Philippine Competition Commission (PCC) has cleared the planned energy deal with First Gen Corp., giving the power firms the regulatory go-ahead to form...

Razon’s Prime Infra finalizes deal to buy 60% of First Gen gas units

Energy & Mining Context.ph Context.ph -
First Gen Corp., the listed power generation arm of the Lopez Group, has finalized a deal to sell a 60 percent stake in its Batangas-based natural gas businesses to Prime Infrastructure Capital Inc., owned by tycoon Enrique Razon.

Prime Infra commits to 2GW PSH completion under GEA3

Energy & Mining Context.ph Context.ph -
Prime Infrastructure Capital Corp. (Prime Infra) affirmed the assured completion of its 2,000 MW pumped storage hydro (PSH) projects awarded under the Department of Energy’s (DOE) third Green Energy Auction (GEA3), representing nearly one-third of the 6,680.887 MW capacity offered.

First Gen eyes closing P50B deal with Prime Infra in 3 Months

Energy & Mining Context.ph Context.ph -
First Gen Corp., the power generation arm of the Lopez Group, said it expects to finalize within two to three months a deal to sell a 60 percent stake in its natural gas business to Prime Infrastructure Capital Inc., owned by billionaire Enrique Razon Jr.

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DA, BOC seize P7M smuggled carrots hidden in noodle shipments

Agriculture 0
The Department of Agriculture (DA) and the Bureau of Customs (BOC) have intercepted more than P7 million worth of smuggled fresh carrots concealed inside shipments falsely declared as processed food products, dealing another blow to agricultural smuggling operations that authorities say threaten both consumers and local farmers.

NDA: Key guidelines for new mandate ready before October

Agriculture 0
The National Dairy Authority (NDA) expects to finalize the implementing rules for its expanded role under Republic Act 12308, or the Animal Industry Development and Competitiveness Act, before October this year. The law allocates P20 billion annually over 10 years to strengthen the country’s livestock sector.

BPI marks 175th year with #BestLifeRun 2026, drawing over 10,000 participants

Corporate Bulletins 0
The Bank of the Philippine Islands (BPI) on Sunday held its #BestLifeRun 2026 Corporate Race along Ayala Avenue, Makati City, gathering more than 10,000 runners from over 200 companies and 50 running clubs.

DA rolls out pineapple shipment to UAE, reopening Middle East market access

Agriculture 0
The Department of Agriculture (DA) has begun fulfilling fresh pineapple orders from the United Arab Emirates (UAE), marking a major push into the Middle East market and reopening key trade routes despite ongoing logistical challenges.

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