Lopez-led First Gen Corporation, via its subsidiary First Gas Power Corporation, is seeking approval from the Energy Regulatory Commission (ERC) for the extension of its power purchase agreement (PPA) with the Manila Electric Company (Meralco) covering its 1,000-megawatt Santa Rita gas-fired plant,...
Lopez-led First Philippine Holdings Corporation (FPH) is focusing on the growth of its power generation and real estate businesses, which are being allocated the bulk of the group’s planned investments amounting to ₱57 billion this year. On the sidelines of the firm’s annual stockholders’...
A three-day celebration of Filipino craftsmanship and culture is set to open in Intramuros on June 6, as the fourth edition of LIKHA kicks off in time for the country 's Independence Day festivities. First Lady Liza Araneta-Marcos (File Photos) Organized by the...
Lopez-led First Gen Corporation has formally reported to the Securities and Exchange Commission (SEC) that it will be unloading 60 percent of its gas businesses to Prime Infrastructure Capital Inc., a company owned by billionaire Enrique Razon, for ₱50 billion through the execution of a term...
Lopez-led First Gen Corporation (FGen) is hoping for proactive reforms in the country’s current power policies to help encourage investors to push for renewable energy (RE). During the Annual Stockholders Meeting on Thursday, May 29, FGen President Francis Giles Puno said that certain regulations...
Lopez-led First Gen Corp, (FGen) announced that it has fully acquired Pi Energy Inc. through a deed of assignment executed with its parent firm, First Philippine Holdings Corp. (FPH). In a disclosure to the Philippine Stock Exchange (PSE) on Monday, May 19, FGen said it acquired Pi Energy for ₱1...
Lopez Holdings Corporation’s earnings jumped 57 percent in the first quarter of 2025 on the back of a strong performance by First Philippine Holdings Corporation (FPH) and after ABS-CBN Corporation’s losses were cut by half. In a disclosure to the Philippine Stock Exchange, Lopez Holding...
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...
Senator Loren Legarda on Wednesday, May 14 welcomed the political shift happening in Batangas’ first district where her son, Leandro Legarda-Leviste won in a landslide victory. Legarda-Leviste made a historic win against Rep. Eric Buhain, an incumbent congressman whose family has held the...
Meralco PowerGen Corporation (MGen), the power generation arm of Manila Electric Company (Meralco), announced that its subsidiary, PacificLight Power Ltd. (PLP), is on track to begin operations of its additional 100-megawatt Fast Start gas turbine capacity this quarter. MGen stated that PLP is set...
The Philippines has recorded its first successful open fetal surgery for myelomeningocele, with the procedure carried out by specialists at the Philippine Children’s Medical Center (PCMC), the hospital announced. In a statement, PCMC said the groundbreaking procedure was conducted on March 26 on...
