Acquiring Company
Prime Infrastructure Capital
Acquired Company
First Gen
Pasig CityPasig CityEnergyRenewable EnergyWaterWater PurificationEnergyOil And GasRenewable EnergySolarDescription
Prime Infrastructure Capital Inc. has completed its acquisition of a 60% controlling stake in First Gen Corp.'s gas assets for P50 billion. The transaction includes ownership of several gas-fired power plants and an offshore liquified natural gas terminal. First Gen retains 40% of these assets following the deal. This acquisition aims to strengthen energy security and transition to cleaner energy sources in the Philippines.
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Who to call at Prime Infrastructure Capital, and when
When Prime Infrastructure Capital changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Prime Infrastructure Capital raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Prime Infrastructure Capital, from your own LinkedIn network
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Fundz sees it the moment Prime Infrastructure Capital makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired First Gen?
First Gen was acquired by Prime Infrastructure Capital, based in Pasig City. The deal was reported on November 18, 2025. Prime Infrastructure Capital Inc. focuses on long-term investments in water, energy, and waste management infrastructure. It is led by Enrique K. Razon Jr. and owns Prime Energy, the operator of the Malampaya gas field. Prime Infrastructure Capital is privately held and operates in Energy.
When did Prime Infrastructure Capital acquire First Gen?
Prime Infrastructure Capital's acquisition of First Gen was reported on November 18, 2025. Prime Infrastructure Capital Inc. has completed its acquisition of a 60% controlling stake in First Gen Corp.'s gas assets for P50 billion. The transaction includes ownership of several gas-fired power plants and an offshore liquified natural gas terminal. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does First Gen do?
First Gen Corporation (First Gen) is the primary holding company for power generation and energy-related businesses of First Philippine Holdings Corporation (FPH). It is privately held, operating in Energy, and is based in Pasig City.
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