2025 is projected to be an upside year for Lopez-led First Gen Corp. (FGen), as it anticipates a financial rebound throughout the year. On the sidelines of a signing ceremony between FGen and Singapore’s Digital Edge, Giles Puno, president and chief operating officer of FGen, expressed optimism...
Lopez-led First Gen Corp. (FGen) announced that Singaporean data developer and operator Digital Edge Holdings Pte. Ltd. has integrated renewable energy (RE) into its data center in Laguna. During the signing ceremony on Wednesday, May 14, FGen said it was tapped to power Digital Edge’s NARRA1...
Lopez-led First Gen Corp. (FGen) reported that its first-quarter net income declined by four percent due to lower geothermal output, market price movements, and a lapsed power deal. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, May 6, FGen said its recurring net income during...
Lopez-led renewable energy (RE) provider First Gen Corporation (FGen) and real estate firm Oakridge Realty Development Corporation (ORDC) have partnered to integrate solar power in the latter’s business park in Cebu province. In a statement, FGen said it is set to install a 638 kilowatt-peak...
First Gen Corp. and Tokyo Gas Co. Ltd. officials celebrated their agreement with a wine toast. The agreement establishes Tokyo Gas's acquisition of a 20 percent equity ownership in FGEN LNG Corp. In photo (from left) are Victor Emmanuel B. Santos Jr., First Gen Executive Vice President; Toshihide...
Renewable energy (RE) provider First Gen Corporation (FGen) is prolonging its partnership with industrial printing firm Precision Crestec, Inc. to power its production facility in Pasig City. In a statement on Tuesday, Feb. 4, FGen and Precision inked a new supply agreement for 700 kilowatts (KW)...
The Philippine Bio-Industries Inc. (PBI), a major carrageenan exporter company, has inked a one-year power supply deal with First Gen Corporation, the country’s clean energy leader, for the latter to provide electricity generated from a renewable energy source. First Gen said the deal with PBI,...
FGP Corp., which is a subsidiary of Lopez-led First Gen Corporation, has inked a six-year US$308 million loan facility with four banks – the proceeds of which will primarily be allocated to refinance debts funneled to its 500-megawatt San Lorenzo gas fired power plant; while the rest will be...
Lopez-led First Gen Corporation confirmed that it remains very keen on buying the ‘banked gas’ that can still be extracted from the Malampaya field. According to Jerome Cainglet, vice president of First Gen, “we have expressed our interest to purchase the banked gas for use of our gas-fired...
Lopez-owned First Gen Corporation will start construction works at its interim liquefied natural gas import terminal (IOT) this fourth quarter, following its execution of agreement with Australian firm McConnell Dowell (MCD) as its engineering, procurement and construction (EPC) contractor. The...
