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First Gen pilots GreenWheels EV project – Manila Bulletin

Lopez-led First Gen Corporation, the country’s clean energy leader, is accelerating on its deployment of green mobility solutions across the chain of its businesses – and this time, it is pilot-testing “Greenwheels” which will be its electric vehicle (EV) project. The EV proof-of-concept underta

First Gen logs P12 4-B attributable recurring net income

First Gen logs P12 4-B attributable recurring net income
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First Gen income flat at P12 4 B in 2021

Lopez-led First Gen Corporation registered a flat growth in income at P12.4 billion ($252 million) last year due to uncertainties ignited by soaring fuel prices in the world market that had impacted the overall operation of its electric generating assets. The company qualified that while it bene

First Gen borrows ₧2 8-B to fund Avion power plant

First Gen Corp. is borrowing P2.8 billion from banks to fund the requirements of its 97-megawatt (MW) Avion dual-fired open-cycle gas turbine power plant. In a disclosure to the stock exchange Thursday, the Lopez-led firm said its wholly- owned subsidiary, Prime Meridian Powergen Corp. (PMPC), signed a total of P2.8-billion…

First Gen subsidiary obtains P2 8-B loan

Prime Meridian Powergen Corporation (PMPC), a subsidiary of Lopez-led First Gen Corporation, has secured P2.8 billion worth of loans from two local banks. As disclosed to the Philippine Stock Exchange (PSE), the lender-banks have been the Bank of the Philippine Islands (BPI) and ING Bank N.V. –

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