ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
IPO

Philippine tycoon Razon eyes up to $473m infrastructure arm IPO

Casino and ports billionaire plans to build world's largest solar power project

Philippine ports and casino billionaire Enrique Razon is aiming to build the world's largest solar power facility. (Source photo by Getty Images) 

MANILA -- Philippine ports and casino tycoon Enrique Razon is seeking to raise up to 25.63 billion pesos ($472.7 million) from his infrastructure venture's initial public offering.

The bulk of the fresh funds will bankroll Prime Infrastructure Capital's energy projects, according to a prospectus filed on Tuesday with the country's Securities and Exchange Commission.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more