August 27, 2024

First Gen eyeing income boost this year with add’l revenues from geothermal assets

BY Myrna M. Velasco – Aug 26, 2024 02:11 PM from Manila Bulletin At a glance The latest project of its subsidiary Energy Development Corporation (EDC) that reached commercial operations in July had been its 28.9MW Palayan binary geothermal facility […]
May 29, 2024

EDC raises P10b from ASEAN green bond offering

By Jenniffer B. Austria – May 28, 2024, 9:15 pm from manilastandard.net The Energy Development Corp. (EDC), a unit of First Gen Corp., raised P10 billion from the issuance of fixed-rate ASEAN Green Bonds. EDC said in a statement Tuesday […]
March 22, 2024

First Gen’s income rises 4% to $277m on LNG business

By Alena Mae S. Flores – March 21, 2024, 7:55 pm from manilastandard.net First Gen Corp. of the Lopez Group on Thursday reported a 4-percent increase in attributable recurring net income to $277 million (P15.4 billion) in 2023 from $265 […]
February 7, 2023

HCG renews power supply deal with First Gen

By Myrna M. Velasco – February 6, 2023, 3:19 PM from Manila Bulletin Hocheng Philippines Corporation (HCG), a total bathroom solutions provider, has renewed its power supply agreement with First Gen Corporation of the Lopez group. The new lease on […]