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First Gen income down 8% to $194 M

Lopez-led First Gen Corporation net income declined by eight percent to $194 million in three quarters this year from the year-ago level of $211 million. But due to the depreciation of the Philippine peso versus the US dollar, the company was able to register flat earnings at P10.2 billion dur

Leyte
Philippines
Francis-gilesb-puno
Energy-development-corporation
First-gen-corporation
Lopez-led-first-gen-corporation
First-gen
Wholesale-electricity-spot-market
San-gabriel
Gen-president
Unified-leyte

First Gen targets 'third party' users for its LNG import facility – Manila Bulletin

Lopez-led First Gen Corporation has reiterated its commitment to cater to third party end-users once its interim offshore liquefied natural gas (LNG) import facility will reach commercial operations next year. Relative to the targeted completion of the facility by second or third quarter next

Philippines
Batangas
Batangas-city
Santa-rita
Hermilando-mandanas
Jonathan-russell
First-gen-corporation
Lopez-led-first-gen-corporation
First-gen
Governor-hermilando-mandanas
First-gen-clean-energy-complex

Monde Nissin secures RE-generated electricity supply from EDC

Food manufacturer Monde Nissin Corporation (MNC) has inked a power supply agreement (PSA) with Energy Development Corporation (EDC), for it to source electricity supply from a renewable energy-generated resource. According to EDC, which is a subsidiary firm of Lopez-led First Gen Corporation,

Leyte
Philippines
Carlo-vega
Marivic-cajucom
Energy-development-corporation
Sarimonde-foods-corporation
Monde-nissin-corporation
Mondemy-san-corporation
First-gen-corporation
Lopez-led-first-gen-corporation
Monde-nissin
Sarimonde-foods

EDC to supply Bohol with RE-generated electricity

Leading renewable energy (RE) firm Energy Development Corporation (EDC), a subsidiary of Lopez-led First Gen Corporation, will be supplying RE-generated electricity to Bohol province for the next 10 years. In a statement to the media, EDC emphasized that it won the joint competitive selection pr

Leyte
Philippines
Leyte-island
Philippines-general
Energy-development-corporation
Bohol-light-company-inc
First-gen-corporation
Lopez-led-first-gen-corporation
Bohol-light-company
Unified-leyte

First Gen seeks DOE's nod for LNG project extension – Manila Bulletin

Lopez-led First Gen Corporation is seeking the approval of the Department of the Energy (DOE) on its bid for a six-month extension of the license for its interim offshore liquefied natural gas (LNG) import facility given delays that it has been encountering in the project’s implementation. In a dis

Norway
Philippines
Philippine
Benguet
Batangas
Batangas-city
Norwegian
Bw-fsru-iv-pte-ltd
Department-of-the-energy
Philippine-stock-exchange
First-gen-corporation

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