Prime Infrastructure Capital Inc. (Prime Infra) is reinforcing its leadership in integrated utilities with the consolidation of WawaJVCo into Manila Water.  

Under a binding term sheet signed on June 27, Manila Water, a company of Prime Infra, will take over operations of WawaJVCo, another subsidiary, to unify the development and management of major raw water supply projects. These include the Tayabasan Weir and the forthcoming Upper Wawa Dam, which together are designed to supply up to 790 million liters of water per day to Metro Manila.

With the Upper Wawa Dam slated for commercial operations by December 2025, the move consolidates the region’s most critical new water sources in decades under one platform. Over 3.5 million Filipinos are expected to benefit from the expanded capacity.

“This consolidation allows us to unlock greater value from our portfolio and strengthens our position as a leader across the entire water value chain,” said Prime Infra President and CEO Guillaume Lucci. “System integration and operational efficiency are key to building resilient, sustainable infrastructure.”

Prime Infrastructure is strategically expanding its portfolio across the energy and water sectors, positioning itself as a key player in the Philippines’ infrastructure landscape. The company’s investments, which include renewable energy projects like the 2,000 MW Wawa and Pakil pumped storage hydroelectric projects and the Malampaya gas field, alongside water initiatives like the Upper Wawa Dam, reflect a commitment to addressing critical utilities essential for national resilience and sustainability.

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