Lopez-led First Gen Corporation reported a decline in net income and revenue for the first nine months of the year, attributing the drop to lower electricity sales and reduced geothermal revenue. In...
First Gen Corporation stressed the need to rethink the country’s reliance on coal, noting that it is not as cheap or reliable as some may believe. In a report by Business Mirror,...
First Gen Corporation’s renewable energy subsidiary, Energy Development Corp. (EDC), has been granted preliminary survey assignments and exploration (PSPE) for two new geothermal projects in Indonesia. In a report by the Manila...
In its dedication to achieving net zero, First Gen Corporation is preparing 9,000 megawatts (MW) of renewable energy (RE). In a report by Manila Bulletin, First Gen Chairman and CEO Federico R....
First Gen Corporation is anticipating a significant boost in overall profits this 2024, driven by additional revenues from its geothermal assets that are now coming online. In a report by Manila Bulletin,...
First Gen Corporation has partnered with cement manufacturer Holcim Philippines, Inc. to supply renewable geothermal energy to the latter’s production plants. In a report by Business Mirror, First Gen said it would...
First Gen Corporation is waiting for a ruling from regulatory bodies on the reimbursement of expenses related to the utilization of liquefied natural gas (LNG). In a report by Business World, First...
Industry players Semirara Mining and Power Corporation, Marubeni Corporation, Aboitiz Group, First Gen Corporation, and ACEN Corporation expressed intent for the privatization of the Caliraya-Botocan-Kalayaan (CBK) hydropower plants. In a report by...
First Gen Corporation postponed the procurement of its fifth shipment of liquefied natural gas (LNG) as it anticipates the greenlight of regulatory approvals for cost recovery related to LNG operations. In a...
First Gen Corporation (FGEN) has awarded TG Global Trading Company (Tokyo Gas) the contract for a liquefied natural gas (LNG) cargo. Tokyo Gas will supply one LNG cargo of 125,000 m3, which...
