First Gen Corp. acquired pumped storage hydro projects from Prime Infrastructure, leading to questions from the Lopez family regarding the P75-billion agreement structure.
1 report, 1 independent
Updated Jun 10
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What happened
First Gen Corp. acquired pumped storage hydro projects from Prime Infrastructure, leading to questions from the Lopez family regarding the P75-billion agreement structure.
How it developed
Newest first. Tap a step to see who reported it.- The Lopez family's majority bloc questioned the proposed transaction details regarding a joint venture in hydropower assets between First Gen Corp. and Prime Infra.Sub-event
Successful acquisition of hydro projects underway, facing scrutiny over the agreement structure.1 source