First Gen says hydropower projects may yield P16B annually by 2031

LOPEZ-LED First Gen Corp. expects its investments in hydropower projects owned by Razon-led Prime Infrastructure Capital, Inc. to contribute P16 billion annually starting in 2031, potentially becoming the largest earnings contributor across its portfolio. First Gen President and Chief Operating Officer Francis Giles B. Puno said the company is making a long-term investment in pumped-storage […]