Kansai Electric Power takes 14% stake in Prime Infra unit for Philippines Wawa pumped-storage project

• Kansai Electric Power agreed to subscribe for a 14% equity stake in PMJVCo, owner of the 600 MW Wawa pumped storage hydropower project.
• Investment gives Kansai an indirect 12.18% interest in project company Olympia Violago Water and Power.
• Post-transaction ownership: Prime Infra 57.62%, First Gen 28.38%, Kansai 14%.
• Project in Rizal province targets up to 6,000 MWh of daily storage; commercial operations scheduled to start in 2030.
• Deal marks Kansai’s first pumped storage investment outside Japan; overseas attributable generation capacity rises to about 2,500 MW.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KEPCO - Kansai Electric Power Co. Inc. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.