First Gen Corp. has set its sights on the 796-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants in Laguna to scale up its hydro power portfolio. “We’re looking at it. We’re interested in CBK. We’re waiting. Usually, it get’s delayed like Casecnan. We were ready two years ago then the bidding was just held this year.