Prime Infrastructure Capital Inc. (Prime Infra) has partnered with global construction and project management firm Mace to fast-track the development of two major hydroelectric projects in the Philippines, the 600-megawatt (MW) Wawa and 1,400MW Pakil pumped storage plants.
The partnership, formalized through a signing ceremony last week, aims to boost the country’s renewable energy capacity and support its transition to cleaner power sources.
Mace will introduce a Project Management Office (PMO) framework designed to enhance Prime Infra’s existing systems by improving efficiency, governance, and project execution.
Prime Infra CEO Guillaume Lucci emphasized the importance of meeting project timelines to address the nation’s growing energy demand.
“Delivering the Wawa and Pakil projects on schedule is critical to meeting the country’s energy needs. Mace’s proven expertise enhances both the efficiency and structure of our existing execution processes,” Lucci said.
The Wawa project, expected to be operational by 2029, will provide 600MW of capacity with a daily storage potential of 6,000 megawatt-hours (MWh).
The larger Pakil facility, set for completion in 2030, will generate 1,400MW and store up to 14,000MWh per day, making it one of the biggest pumped storage facilities in Asia.
Both projects are designed to stabilize the Philippine power grid as the country aims to achieve 35% renewable energy by 2030 and 50% by 2050.
Mace Consult CEO Davendra Dabasia described the partnership as a major step toward building resilient and sustainable energy infrastructure.
“This partnership reflects our commitment to supporting the development of more resilient and sustainable infrastructure in the Philippines and wider Asia Pacific region,” Dabasia said. “We began discussing the scale and complexity of these projects with Prime Infra a year ago, and I am looking forward to seeing this partnership continue to develop and successfully deliver one of the country’s most critical infrastructure programs.”
Both Wawa and Pakil have been recognized as Energy Projects of National Significance by the Department of Energy and have received Green Lane approvals from the Department of Trade and Industry and the Board of Investments.
Prime Infra, chaired by billionaire Enrique K. Razon Jr., is expanding its portfolio of sustainable energy, water, and waste management projects as part of its mission to drive economic growth while addressing environmental challenges.
