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First Gen profit drops 15% on lower power demand
By Danessa Rivera | May 20, 2020 - 12:00am
Lopez-led First Gen Corp. reported a 15 percent drop in its recurring net income in the first quarter on lower demand and higher expenses.
Business
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First Gen nears EPC deal for planned LNG project
First Gen nears EPC deal for planned LNG project
By Danessa Rivera | Over a year ago
First Gen Corp. expects to finalize a deal with its engineering, procurement and construction (EPC) contractors and additional...
Business
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First Gen plants resume operations
By Danessa Rivera | April 20, 2017 - 12:00am
First Gen Corp. said yesterday its power plants affected by the recent earthquake have resumed operations, augmenting Luzon grid’s power supply this summer.
Business
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First Gen pursuing $1-B LNG terminal project
First Gen pursuing $1-B LNG terminal project
By Danessa Rivera | Over a year ago
As its two new gas-fired power plants start commercial operations, First Gen Corp. sees 2017 as a busy year to aggressively...
Business
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LNG facilities seen as viable investments
January 16, 2016 - 9:00am
AC Energy Holdings Inc. sees liquefied natural gas (LNG) facilities to become viable investments if auctioned by government under public-private partnership (PPP) development.
Business
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Government urged to spur investments in LNG sector
Government urged to spur investments in LNG sector
Over a year ago
The government should take the lead in enticing investments in the liquefied natural gas (LNG) industry to stir demand for...
Business
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First Gen expects profit boost from 2 new power plants next year
November 16, 2015 - 9:00am
Lopez-owned First Gen Corp. expects improved profits in 2016 as two new power plants  start contributing to the overall business.
Business
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Bearish sentiment dampens market anew
Bearish sentiment dampens market anew
By Iris Gonzales | Over a year ago
 Bearish sentiment continued to prevail at the local stock market yesterday as it tracked Asian markets which were also...
Business
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First Gen pursues $1-B Batangas LNG terminal
September 27, 2015 - 10:00am
First Gen Corp. of the Lopez Group is looking for a partner for its planned $1-billion liquefied natural gas (LNG) import terminal in Batangas after completing the study on the project.
Business
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First Gen boosting capacity as Batangas gas plants run
September 24, 2015 - 10:00am
First Gen Corp. of the Lopez Group will boost the capacity of the Luzon grid by end-2015 and mid 2016 through its two natural gas power facilities in Batangas despite some delays due to site preparation, its top...
Business
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