June 30, 2018

13 groups keen on participating in $2-billion LNG deal

By Alena Mae S. Flores – June 29, 2018 from manilastandard.net Thirteen companies expressed their intention to participate in the planned $2-billion integrated liquefied natural gas project, the Energy Department said Friday. The companies include Cleanway Energy Development Corp., First […]
June 25, 2018

LNG terminal project winner hinges on financial closing – DOE

By Myrna M. Velasco – June 23, 2018, 10:00 PM from Manila Bulletin The winning investor-group that shall build the country’s 5.0 million metric tons per annum (mtpa) liquefied natural gas (LNG) import terminal project rests primarily on when that […]
June 19, 2018

First Gen embarks onP10-B buy-back program for preferred shares

By Myrna M. Velasco – June 18, 2018, 10:00 PM from Manila Bulletin As part of its financial de-leveraging strategy, First Gen Corporation is embarking on a two-year share buy-back program that will cover up to P10 billion of the […]
May 22, 2018

First Gen eyes capacity hike in 2 new power projects with efficient turbines

By Myrna M. Velasco – May 21, 2018, 10:00 PM from Manila Bulletin Lopez-owned First Gen Corporation is eyeing capacity hike on its planned two new gas-fired power projects – with higher efficiency gas turbines becoming a ‘differentiating factor’ in […]