April 4, 2018

First Gen to register 92% contracted capacity in 2018

By Lenie Lectura – April 3, 2018 from Business Mirror LOPEZ-LED First Gen Corp. intends to register a 92-percent contracted capacity this year, up from the current 80 percent. In its 2017 earnings presentation filed with the Philippine Stock Exchange, […]
April 2, 2018

EDC sets P4.29-B spending for 2018

By Jordeene Sheex Lagare – April 2, 2018 from The Manila Times LOPEZ-LED Energy Development Corp. (EDC) has programmed P4.29 billion in capital expenditures (capex) for this year, with most of the funds to be used for improving the geothermal […]
April 2, 2018

TRAIN 1 hits 50% of power supply – DOE

By Myrna M. Velasco – April 1, 2018, 10:00 PM from Manila Bulletin The percentage of the country’s power supply that shall be levied with excise taxes under the first package of the Tax Reform for Acceleration and Inclusion (TRAIN) […]
April 2, 2018

First Gen eyes 2 new gas power plants in Batangas

By Alena Mae S. Flores – April 01, 2018 at 07:10 pm from manilastandard.net First Gen Corp., a unit of the Lopez Group, plans to build two 450-megawatt, natural gas-fired power plants in Batangas, namely Santa Maria and Saint Joseph, […]