Prime Infra to buy 60% equity stake in First Gen's gas business

By Yahoo! Finance   |   1 month ago
Prime Infra to buy 60% equity stake in First Gen's gas business

Prime Infra, led by Enrique K. Razon Jr., will acquire a 60% stake in First Gen's gas assets for $896.44m. This strategic move will reshape the Philippine energy sector, with First Gen aiming to boost its renewable energy capacity.

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