First Philippine Holdings Corp. (FPH) is looking to spend P80 billion to expand its businesses this year. The listed energy, property and construction hold.
First Philippine Holdings Corp., the listed holding company of the Lopez Group, has earmarked P80 billion for capital expenditures this year to support the growth of its business units.
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Lopez-led First Gen Corp. saw its recurring earnings rise by more than half in the first quarter on the back of strong contributions from its natural gas subsidiaries and renewable energy unit Energy Development Corp.
Lopez-led energy company First Gen Corp. and PLDT Inc. are eyeing to expand their partnership on the supply of renewable energy after seven of the telco giant’s facilities in the Visayas have switched to geothermal electricity.