{"id":500078,"date":"2022-06-22T11:07:45","date_gmt":"2022-06-22T05:37:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=500078"},"modified":"2022-06-22T12:31:56","modified_gmt":"2022-06-22T07:01:56","slug":"philippine-tycoon-razon-eyes-up-to-400-mn-ipo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/philippine-tycoon-razon-eyes-up-to-400-mn-ipo\/","title":{"rendered":"Philippine tycoon Razon eyes up to $400 mn IPO"},"content":{"rendered":"<p>Philippine ports and gaming tycoon Enrique Razon is weighing up launching an initial public offering (IPO) worth up to $400 million for his infrastructure and energy holding company, three sources familiar with the matter said on Tuesday. <\/p>\n<p>The proposed IPO for Razon&#8217;s Prime Infrastructure Holdings Inc&#8217;s is still at an early stage, but could happen as soon as this year, two of the sources said.<\/p>\n<p>Share sale proceeds would be used to fund Prime Infrastructure&#8217;s solar power facility that is due to have a capacity of 2,500-3,500 megawatts (MW) combined with a 4,000 MWh to 4,500 MWh battery energy storage system. It would be the world&#8217;s largest solar power facility. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Philippine ports and gaming tycoon Enrique Razon is weighing up launching an initial public offering (IPO) worth up to $400 million for his infrastructure and energy holding company, three sources familiar with the matter said on Tuesday. The proposed IPO for Razon&#8217;s Prime Infrastructure Holdings Inc&#8217;s is still at an early stage, but could happen as soon as this year, two of the sources said. Share sale proceeds would be used to fund Prime Infrastructure&#8217;s solar power facility that is due to have a capacity of 2,500-3,500 megawatts (MW) combined with a 4,000 MWh to 4,500 MWh battery energy storage [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-500078","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=500078"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500078\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=500078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=500078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=500078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}