Philippine firm Prime targets new gas wells, solar investment ahead of IPO

Philippine firm Prime targets new gas wells, solar investment ahead of IPO

Guillaume Lucci, Prime Infrastructure President and Chief Executive Officer, looks on during an interview with Reuters, in Pasay City, Metro Manila, Philippines, March 15, 2023. REUTERS/Lisa Marie David

Philippine holding firm Prime Infrastructure Capital Inc aims to put new wells at the country’s only major natural gas project into commercial operation in 2026, and is seeking other fields to ensure long-term output, its CEO told Reuters on Wednesday.