First Gen Corporation has boosted its clean energy war chest by offloading a majority stake in its Batangas gas business. In a press statement, the Lopez-led firm said its partnership with Razon-led...
Lopez-led First Gen Corporation is looking at the opportunity to convert its gas-fired power plants into hydrogen-equipped facilities as part of its decarbonization strategies. Hydrogen is seen as a cleaner energy option...
Lopez-led First Gen Corporation has allotted a capital expenditure (capex) of $550 million (around Php29 billion for this year, with a bulk going to the expansion projects to its renewable energy (RE)...
Lopez-led First Gen Corporation recorded a recurring net income of Php3 billion ($59 million) in the first quarter of 2022, a 25.1% decline from the Php3.8 billion ($78 million) posted in the...
Lopez-led Energy Development Corporation’s (EDC) net income for the first quarter of the year dipped by 19% to Php2.63 billion versus the Php3.26 billion recorded in the same period in 2021. “The...
Lopez-led First Gen Corporation has launched its own electric vehicle (EV) pilot project in its Clean Energy Complex in Batangas City to help the company meet its carbon emission reduction goals. Dubbed...
Lopez-led First Gen Corporation, registered a flat growth of Php12.4 billion in 2021 due to high global oil prices and supply restrictions that affected prices in the Wholesale Electricity Spot Market. “First...
Gokongwei-led Universal Robina Corporation (URC) will be shifting to renewable energy (RE) for at least 20 of its facilities in Luzon and Visayas. The snacks and beverages manufacturing company said it has...
Unit 1 of First Gen Corporation’s 97-megawatt (MW) Avion Power Plant in Batangas City is now partially operating after almost two months of repairs. “The unit is currently commercially available on natural...
Around 15,000 residents living in three remote islands in Camarines Sur now enjoy round-the-clock electricity service after a Lopez-led microgrid developer completed its projects there last week. FP Island Energy Corporation, a...
