September 12, 2020

Energy dep’t releases LNG investment guide

By Adam J. Ang – September 9, 2020 | 7:06 pm from Business World REUTERS THE government has launched a guide for foreign investors interested in Liquefied Natural Gas (LNG) projects which was developed with US assistance. In a recent […]
May 28, 2020

US firm buys FGen stake for ₱7.285 B

By Myrna M. Velasco – May 27, 2020, 10:00 PM from Manila Bulletin New York Stock Exchange-listed KKR & Co., Inc. will be acquiring the common shares of First Gen Corporation with a premium at ₱22.50 per share – and […]
May 20, 2020

First Gen recurring earnings decline 15% to P3.3 billion

By Myrna M. Velasco – May 19, 2020, 10:00 PM from Manila Bulletin The recurring earnings of First Gen Corporation dropped 15-percent to P3.3 billion (US$65 million) in the first quarter versus a more upbeat P4.0 billion (US$77 million) in […]
March 19, 2020

First Gen net income rose 34% in 2019

By Lenie Lectura -March 19, 2020 from Business Mirror First Gen Corp. posted P15.4 billion in net income last year, up 34 percent from P11.6 billion recorded in 2018, mainly on account of higher electricity sales. The company said on […]