First Gen Corporation has finally completed a major strategic move by signing a Share Purchase Agreement with Prime Infrastructure Capital, Inc. (Prime Infra) for the sale of a 60% stake in its...
Prime Infrastructure Capital Inc. will acquire a 60 percent stake in First Gen Corporation’s natural gas business for PHP50 billion following the signing of a term sheet between the two companies. The...
ThermaPrime Drilling Corp. announced the completion of its drilling program for SM Investments Corp.’s Philippine Geothermal Production Co. Inc. consisting of 12 production wells and three multilateral injection wells. In a report...
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 corporate working capital requirements of the 97-megawatt...
Lopez Group companies under First Philippine Holdings Corporation (FPH) is purchasing two electric buses from GET-Philippines, the local arm of US-based Global Electric Transport Worldwide, Inc. (GET). FPH said that its engineering and construction...
First Gen Corporation, the Lopez Group‘s power generation company, suffered a 12% decline in its net income in the first three quarters of 2020 at Php9.6 billion from Php11.3 billion in the...
Eugenio “Gabby” Lopez III has left his post as a director of the board of First Gen Corporation, in addition to resigning as chairman emeritus and director of sister company ABS-CBN Corporation,...
