Thursday, December 18, 2025
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Tag: First Gen

WalterMart, Abenson shift to geothermal power with First Gen deal

The WalterMart and Abenson Group of Companies tapped First Gen Corp., the country’s leading renewable energy (RE) provider, to transition its electricity requirements to...

Prime Infra signs P47-b loan with BPI, BDO for gas assets

This partnership with our banking institutions reflects their confidence in Prime Infra’s long-term strategy on energy security.Guillaume Lucci, Prime Infra president and chief executive Prime...

EDC unit, Sinar Mas subsidiary sign geothermal venture in Indonesia

PT FirstGen Geothermal Indonesia, a subsidiary of Lopez-led Energy Development Corp. (EDC), and PT DSSR Daya Mas Sakti (DSSR), a subsidiary of PT Dian...

HCG facility runs on 100% clean energy

Global bathroom fixtures solutions provider HCG, through its subsidiary Hocheng Philippines Corp. (HCG Philippines), has achieved 100-percent renewable energy (RE) for its domestic operations...

First Gen plans Mindanao geothermal drilling

LOPEZ-LED First Gen Corp., through its subsidiary Energy Development Corp., plans to begin exploratory drilling next month at the Amacan geothermal field in Mindanao. The...

Citadines Bacolod taps geothermal power from First Gen

Citadines Bacolod City, one of the city's largest hotels, has teamed up with Lopez-led First Gen Corp. to supply geothermal energy, underscoring a commitment...

Energy regulators, top power players to highlight ‘trilemma’ at EJAP forum

Representatives from energy regulators and top private sector power companies will discuss challenges facing the country's power sector at a forum on Sept. 11. The...

Taiwan Fructose facility taps geothermal power

The local subsidiary of Taiwan Fructose Co. Ltd. will source geothermal power from First Gen Corp. for its production and logistics facility in Batangas...

First Gen to revisit 2030 renewable energy target after gas asset sale

First Gen’s vice president and chief customer engagement officer Carlo Vega said the target still stands but  the company would likely “revisit how 13...

EDC switches on new geothermal plant in Sorsogon

SORSOGON CITY—Energy Development Corp (EDC), a unit of Lopez-led First Gen Corp, on Friday switched on its P7-billion, 22-megawatt (MW) Tanawon Geothermal Power Plant. The...

First Gen’s Fresh River Lakes secures P15-billion bank loan

Fresh River Lakes Corp. (FRLC), a wholly-owned subsidiary of First Gen Corp., said Monday it signed loan agreements with BDO Unibank Inc. (BDO), Bank...

First Gen sells 60% gas business stake to Prime Infra for P50 billion

First Gen Corp. said Wednesday it signed an agreement to sell a 60-percent equity stake in its gas business subsidiaries to Prime Infrastructure Capital...

First Gen allots $25-m budget to start construction of Batangas solar plant

Lopez-led First Gen Corp. is allocating an estimated $20 million to $25 million this year for the first phase of development of its 50-megawatt...

AI boom to hike power demand by 45,000 MW, strain grid—Lopez

First Gen Corp. warned that the artificial intelligence (AI) revolution could put a strain on the Philippines’ power grid, as it would require more...
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