December 3, 2021

First Gen borrows ₧2.8-B to fund Avion power plant

BY LENIE LECTURA – DECEMBER 2, 2021 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas First Gen Corp. is borrowing P2.8 billion from banks to fund the requirements of its 97-megawatt (MW) Avion dual-fired open-cycle […]
November 17, 2021

‘PHL needs energy transition group’

BY LENIE LECTURA – NOVEMBER 16, 2021 from Business Mirror In file photo: The Burgos Solar Project of the Energy Development Corp. in Ilocos Norte. FIRST Gen Power Corp. has proposed the creation of a group that will address the […]
November 16, 2021

First Gen’s 9-month income hits P10.3 billion

BY LENIE LECTURA – NOVEMBER 15, 2021 from Business Mirror The Burgos Solar Project of Energy Development Corp. in Ilocos Norte. First Gen Corp.’s (First Gen) net income attributable to its parent as of end-September grew by 11 percent to […]
November 9, 2021

HCG taps clean energy from EDC

BY LENIE LECTURA – NOVEMBER 8, 2021 From Business Mirror Hocheng Philippines Corp. (HCG) has tapped Energy Development Corp. (EDC) for the supply of renewable energy (RE) to power their operations. HCG Senior Vice President and Officer-in-Charge Eugene Lin said […]