Tag Archives: Avion gas plant

First Gen 1Q income down 25%

First Gen 1Q income down 25%

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..
Avion Unit 1 down

Avion Unit 1 down

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 loans Php2.8B for Avion

First Gen loans Php2.8B for Avion

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..