Friday, May 1, 2026
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Tag: First Gen

Funds risk losing First Gen investments—Lopez members

The government pension funds face billions of pesos in potential investment losses due to “poison pill” provisions at energy firm First Gen Corp. that...

12 members move to oust Lopez Inc. chief

Twelve members of the Lopez family are seeking to oust Federico Lopez as president of Lopez Inc. after a dispute regarding transparency and “poison...

12 family members seek to oust Federico Lopez as president

Twelve members of the Lopez family majority are seeking to oust Federico Lopez as president of Lopez Inc. after a dispute regarding transparency and...

71% Lopez majority ousts ‘Piki’ for alleged loss of trust

Federico “Piki” Lopez was removed as president and chief executive of Lopez Inc. for cause and for loss of trust and confidence, three Lopez...

First Gen logs 8% recurring income growth

First Gen Corp. reported on Wednesday an 8-percent increase in attributable recurring net income in 2025 to $264 million (P15.2 billion) from $245 million...

RE Supply

First Gen Corp. chief customer engagement officer Carlo Vega (left) and Mount Grace Hospitals, Inc. vice president Lino Lacanlale shake hands after signing a...

RLC taps geothermal power from First Gen

Robinsons Land Corp. (RLC) has teamed up with First Gen Group to supply over 22 megawatts of geothermal electricity to power its key shopping...

First Gen breaks ground on P2.1-b Inara solar power project in Batangas

Lopez-led First Gen Corp. on Wednesday held groundbreaking ceremonies to mark the start of construction for its first utility-scale solar project — the 54-megawatt...

FGen spending P41.7b in 2026 for expansion

Lopez-led First Gen Corp. is planning a capital expenditure budget of P41.7 billion this year, up from P33.5 billionlast year, as it pursues pumped...

Geothermal energy seen as shield against Middle East supply shocks

The Department of Energy (DOE) is pushing for the expansion of geothermal power to insulate the Philippines from global energy supply disruptions triggered by...

Eastern Communications taps First Gen to boost renewable energy use

Eastern Communications has tapped First Gen Corp. to increase its renewable energy utilization to 10 percent from 2 percent, the company said Wednesday. Under the...

Geothermal Partnership

Officials from Eastern Communications and First Gen Corp. sign an agreement for the direct supply of geothermal energy to support Eastern’s operations. Leading the...

First Gen, Prime Infrastructure ink P75-b deal for 2,000-MW hydropower projects

Lopez-led First Gen Corp. and businessman Enrique Razon Jr.’s Prime Infrastructure Capital Inc. have executed a binding heads of terms agreement for First Gen’s...

First Gen acquiring 40% of Wawa Dam, Ahunan

First Gen Corp. is acquiring a 40-percent equity interest in Prime Infrastructure Capital Inc.’s pumped storage hydropower portfolio for P75 billion, the companies said...
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