Prime Infrastructure Capital Inc. said it has completed its acquisition of the 45-percent operating stake in the Malampaya deep water gas-to-power project starting November 1.
“With great pride and honor, we welcome the SPEX team to our Prime Infra family of companies. The Malampaya asset begins a new chapter today as we continue to build on the legacy of this world-class installation in helping achieve national energy security and independence,” Prime Infra chairperson Enrique Razon Jr. said.
The management said it formally welcomed the SPEX team at the Manila office, Onshore Gas Plant, Batangas Supply Base, and Shallow Water Platform via a two-day onboarding activity to be capped with a hybrid town hall on November 2 across all sites.
Source: News Formal (newsformal.com)
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