BARRACKS AND STRATEGY *By Lt. Gen. Aurelio B. Baladad (Ret)* As the 12th of June approaches, our hearts swell with pride and patriotic fervor. Our Independence serves as a poignant reminder of the indomitable spirit of our forefathers who valiantly fought against Spanish colonial rule. On this...
Leading clean energy firm First Gen Corporation has formally issued its tender notice for the spot procurement of liquefied natural gas (LNG) that it will use for the ‘wet commissioning’ of its LNG import facility. In its invitation to bid (ITB) for LNG spot tender, the company has specified...
Razon-led Prime Infrastructure Capital Inc. has inked a memorandum of understanding (MOU) with FGEN LNG Corporation of the Lopez group for the lease and operation of the latter’s liquefied natural gas (LNG) storage and regasification terminal for its gas aggregation business plan. Beyond the MOU,...
Fresh River Lakes Corp. (FRLC), a subsidiary of Lopez-led First Gen Corporation, has already been served with the "notice of award" on its winning bid for the 165-megawatt Casecnan hydropower facility in Nueva Ecija. In a disclosure to the Philippine Stock Exchange (PSE), the company stipulated that...
Lopez-led Energy Development Corporation (EDC) has formally pulled out its concession for geothermal resource exploration in Peru, citing turbulent political situation in that Latin American energy market as the main reason for such investment decision. The company - via its parent firm First Gen...
BACOLOD CITY – Armed Forces Chief of Staff Gen. Andres Centino has ordered the military to go aggressive to further weaken New People’s Army (NPA) guerilla fronts in Negros Island. GEN. Andres Centino, chief of the Armed Forces of the Philippines (AFP), speaks in a media interview during his...
Clean energy solutions leader First Gen Corporation will continue its green technology investments to help the Philippine economy toward its decarbonization track in sync with the world in mitigating climate change risks. “Our role here is to sort of like help the Philippine economy achieve a...
Lopez-led First Gen Corporation will be joining the fresh round of bidding that power utility giant Manila Electric Company (Meralco) will be undertake to fill the capacity void on its additional 2024 supply following the retreat of its targeted supplier. First Gen President and COO Francis Giles B....
ZAMBOANGA CITY – Mayor John Dalipe led the celebration here on Thursday, May 18, of Dia de Gen. Vicente Alvarez, a day dedicated to honor a Zamboangueño revolutionary general who fought against Spain. THE marker honoring Zamboanga revolutionary hero Gen. Vicente Alvarez at Plaza Vicente S....
Lopez-led First Gen Corporation is scheduling a tender process for the procurement of its liquefied natural gas (LNG) on a spot contract basis that will be utilized as commissioning fuel for its LNG import facility in Batangas. According to First Gen Chief Commercial Officer Jonathan C. Russell,...
The coffers of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) will be shored up by as much as $526 million by the end of this year, with the anticipated payment of Fresh River Lakes Corporation on its acquisition of the 165-megawatt Casecnan hydroelectric power plant...
Lopez-led First Gen Corporation is lining up massive investments of $20 billion, approximately equivalent to P1.123 trillion, until year 2030 to sustain its market share of 20 percent in terms of kilowatt-hour production to serve the growing electricity needs of Filipinos. The seven-year humongous...
