November 11, 2023

First Gen’s profit rises 28% to P13.8b

By Alena Mae S. Flores – November 10, 2023, 9:30 pm from manilastandard.net First Gen Corp. reported on Friday a 28-percent increase in attributable recurring net income in the first nine months to $249 million (P13.8 billion) from $194 million […]
November 2, 2023

Siliman, First Gen unit renew power supply contract

By Alena Mae S. Flores – November 1, 2023, 7:10 pm from manilastandard.net Christian learning institution Silliman University renewed its retail electricity contract with First Gen Corp. of the Lopez Group. This is the university’s third contract renewal with First […]
October 2, 2023

First Gen eyes CBK hydropower plants

By Alena Mae S. Flores – October 1, 2023, 8:55 pm from manilastandard.net First Gen Corp. expressed interest in the privatization of the 797.92-megawatt Caliraya-Botocan-Kalayaan hydropower plants by 2024 after successfully winning the 165-megawatt Casecnan hydroelectric power plant. “We’re looking […]
September 25, 2023

PSALM to end corporate life with P113 billion debt

By Manila Standard – September 24, 2023, 9:15 pm from manilastandard.net State-owned Power Sector Assets and Liabilities Management Corp. (PSALM) said it expects to have a residual debt of about P113 billion beyond its corporate life, which expires in June […]