9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
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 Php3.8 billion ($78 million) posted in the
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 1 sustaining damages. In a disclosure to
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-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 billion year-on-year. The company attributed the growth
(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. In a disclosure to the Philippine Stock
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. MERALCO, based on a Manila Bulletin report,
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 plants in Batangas City. Both First Gen
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 and posing another supply shortage in the
