Philippines' Prime Infra looks to invest $9bn in hydropower and gas - Nikkei Asia
Published February 03, 2026
Prime Infra of the Philippines Plans $9 Billion Investment in Hydropower and Gas Projects
Prime Infrastructure Capital, a company based in the Philippines, has announced its intention to invest approximately $9 billion in the development of hydropower and gas projects over the next decade. This strategic move is aimed at expanding the company's energy portfolio and contributing to the country’s growing demand for sustainable energy solutions.
According to Prime Infra's President and CEO, the investment will primarily focus on renewable energy sources, particularly hydropower, while also incorporating natural gas to ensure a balanced energy mix. The company is committed to enhancing the Philippines' energy security and sustainability through these initiatives.
Investment Breakdown and Project Focus
Of the $9 billion earmarked for investment, a significant portion will be allocated to hydropower projects. Prime Infra is looking to develop multiple hydropower facilities across various regions of the Philippines. These projects are expected to harness the country’s abundant water resources, providing a reliable and renewable source of energy.
In addition to hydropower, the investment will also support the development of natural gas facilities. This dual approach aims to provide a stable energy supply while reducing the nation’s reliance on coal and other fossil fuels. The integration of natural gas into the energy mix is seen as a critical step towards achieving a more sustainable and environmentally friendly energy landscape.
Strategic Importance of Hydropower
The Philippines is well-positioned to capitalize on its hydropower potential, with numerous rivers and water bodies conducive to energy generation. Hydropower is recognized as a clean, renewable energy source that can significantly reduce greenhouse gas emissions compared to traditional fossil fuels.
Prime Infra’s focus on hydropower aligns with the Philippine government’s objectives to increase the share of renewable energy in the national grid. The government has set ambitious targets to boost the renewable energy capacity in the country, which is essential for meeting the growing energy demand while addressing climate change concerns.
Natural Gas as a Transition Fuel
The inclusion of natural gas in Prime Infra's investment strategy is also noteworthy. As a cleaner-burning fossil fuel, natural gas serves as a transitional energy source that can help bridge the gap between conventional energy sources and more sustainable alternatives. The company aims to develop infrastructure that supports natural gas distribution, ensuring a reliable supply for power generation.
This strategy not only helps in reducing carbon emissions but also enhances energy security by diversifying the energy supply. By investing in natural gas, Prime Infra is positioning itself to play a vital role in the Philippines' energy transition, supporting both economic growth and environmental sustainability.
Regulatory Support and Future Outlook
The Philippine government has been actively promoting investments in renewable energy and natural gas. Several policies and incentives have been established to attract both local and foreign investments in the energy sector. This supportive regulatory environment is expected to facilitate Prime Infra's ambitious investment plans.
As the demand for energy continues to rise in the Philippines, driven by population growth and economic development, the need for reliable and sustainable energy sources becomes increasingly critical. Prime Infra’s commitment to investing in hydropower and natural gas is a proactive response to these challenges, aiming to create a more resilient energy infrastructure.
Conclusion
Prime Infrastructure Capital's planned investment of $9 billion in hydropower and gas projects marks a significant step towards enhancing the Philippines' energy landscape. By focusing on renewable energy sources and integrating natural gas into its portfolio, the company aims to contribute to the country’s energy security and sustainability goals.
This investment not only reflects the growing importance of renewable energy in the Philippines but also highlights the potential for hydropower and natural gas to play a crucial role in the nation’s energy future. With the right support and execution, these projects could lead to a more sustainable and environmentally friendly energy system for the Philippines.
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