May 19, 2022

FGen budgets $810 million for capex until 2023

By Danessa Rivera – May 19, 2022 | 12:00am from The Philippine Star MANILA, Philippines — Lopez-led First Gen Corp. has earmarked a capital expenditure (capex) of $810 million until 2023, bulk of which will be used to complete its […]
May 19, 2022

Regulators fine Lopez-led power firm for frequent plant outages

By Angelica Y. Yang – May 17, 2022 | 5:44pm from Philstar.com The Energy Regulatory Commission (ERC) said monitoring generation companies (gencos) and their compliance to their yearly maximum allowable outage limits, is one way to ensure that power firms […]
May 18, 2022

ACEN partners with Indonesian firm for RE projects

By Myrna M. Velasco – May 17, 2022, 3:10 PM from Manila Bulletin Ayala-led ACEN Corporation has partnered with Indonesian firm Puri Usaha Group for investment in Suryagen Capital Pte. Ltd., which has a business platform in renewable energy (RE) […]
May 18, 2022

First Gen’s recurring income reaches P3b

By Alena Mae S. Flores May 16, 2022, 7:15 pm from manilastandard.net Renewable energy producer First Gen Corp. said Monday recurring net income amounted to P3 billion ($59 million) in the first quarter, a decline of 25 percent from P3.8 […]