Friday, May 1, 2026
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Tag: First Gen Corp

Lopez majority seeks probe into First Gen deals

The Lopez family majority called on the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) to investigate First Gen Corp. for...

First Gen secures P14.75-billion BDO credit for hydropower deal

BDO Unibank Inc. issued P24.75 billion in standby letters of credit to support First Gen Corp’s P61.875 billion acquisition of a 33-percent stake in...

Lopez Inc. majority asks CEO to step down

The majority shareholders of Lopez Inc. have called on Federico Lopez to respect his alleged dismissal for cause and loss of confidence. The 71-percent majority,...

Lopez Inc. : Another family corporate squabble

Piki Lopez’s defense team will have to come up with a viable explanation for the central issue in this case namely, the sale of...

Basic launches electric transport to counter fuel price hikes

Basic Energy Corp. (BEC), in partnership with First Gen Corp., AC Mobility and Ecology Builders Development Corp., has launched a transport solution program to...

Lopez majority questionsP16-b penalty provision

First Gen Corp.’s P62-billion hydropower deal contains provision that will penalize the Lopez Group P16 billion if Federico Lopez and his “designates” are removed...

First Gen defends contracts, cites profitable operations

First Gen Corp. said over the weekend that it enters into contracts only after conducting “transparent and rigorous evaluations, and only upon thorough review...

First Gen cuts planned equity stake in Prime Infra hydro projects to 33%

First Gen Corp. has reduced its planned equity stake in Prime Infrastructure Capital Inc.’s 2,000-megawatt pumped storage hydroelectric power assets to 33 percent from...

Livelihood Program

First Gen Corp. wins a Gold Anvil award from the Public Relations Society of the Philippines (PRSP) in recognition of the transformative contribution of...

Re Milestone

Jollibee Group and First Gen Corp. executives lead a ceremonial switch-on marking the transition of Jollibee’s Philippine manufacturing and logistics facilities to 99...

Wilmar Edible Oils taps First Gen’s geothermal power for Mindanao facility

Wilmar Edible Oils Philippines Inc. has shifted to geothermal energy for its Mindanao operations through a supply agreement with First Gen Corp. to reduce...

First Gen to power Makati luxury tower and hotel with geothermal energy

First Gen Corp. will supply geothermal energy to two major properties in the Makati central business district, The Shang Grand Tower and Valero Grand...

Conglomerates eye Meralco RE auction

Four of the largest conglomerates in the Philippines are among 15 power generation companies seeking to supply Manila Electric Co. with 200 megawatts of...

Dyna Drug taps First Gen for renewable power

Pharmaceutical wholesaler and importer Dyna Drug Corp. has tapped First Gen Corp. to supply its warehouse facilities with geothermal energy. Under the agreement that took...
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