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Razon-Pacquiao group: No deal yet between Ignite Power, Socoteco II

Summary by Manila Bulletin
Ignite Power, the energy partnership between billionaire Enrique Razon Jr.’s Primelectric Holdings Inc. and boxing legend Manny Pacquiao’s MP Holdings, clarified on Thursday, April 30, that no formal negotiations are currently underway for a proposed joint venture with South Cotabato II Electric Cooperative Inc.In a statement, Ignite Power said any final decision regarding the partnership must be determined by the cooperative’s 300,000 member-co…

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Manila Bulletin broke the news on Thursday, April 30, 2026.
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