- First Gen Corp. announced the acquisition of the hydropower business by Prime Infrastructure.
- First Gen Corp. acquired pumped storage hydro projects from Prime Infrastructure, leading to questions from the Lopez family regarding the P75-billion agreement structure.
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.
1 report, 1 independent
Updated Jun 1
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What happened
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.