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..
Tag Archives: Avion gas plant
Just over a month after resuming full operations, First Gen Corporation’s Avion power plant has encountered trouble again, this time with the 48.5-megawatt (MW) Unit..
First Gen Corporation, through subsidiary Prime Meridian Powergen Corporation (PMPC), said it has been granted a Php2.8-billion three-year loan primarily to fund the general and..
Lopez-led First Gen Corporation posted an 11% improvement in its recurring net income to Php10.3 billion in the first nine months of 2021 from Php9.6..
(UPDATED) After nearly two months of repairs, First Gen Corporation said that its 97-megawatt Avion power plant in Batangas City has resumed full commercial operations...
Gas production restrictions from the Malampaya field accounted for around 66% of all increases in the bills of Manila Electric Company (MERALCO) customers this year...
Three weeks before the Malampaya gas field’s scheduled maintenance shutdown, the Service Contract (SC) 38 Malampaya consortium cut its supply to its five dependent power..
Over a week after the gas restriction from Malampaya was lifted, production was once again limited on Monday, affecting the country’s five gas-fired power plants..
