Tuesday, January 13, 2026
Today's Print

Tag: Lopez Group

Rockwell Land seeks P10 billion from bond sale for Alabang Town Center acquisition

Rockwell Land Inc. plans to raise up to P10 billion from an issuance of fixed rate bonds to replenish its capital after spending P21.6...

First Balfour launches faster AI-powered construction management system Autodesk

First Balfour Inc., the Lopez Group’s construction and engineering arm, has adopted an AI-powered construction management system (CMS) that integrates into a single platform...

ABS-CBN cuts loss by 60% to P852m

ABS-CBN Corp. said Wednesday its net loss narrowed 60 percent in the first half of 2025 on higher election-related advertising and lower operating costs. The...

First Gen sells 60% of gas business to Razon Group for P50b

Prime Infrastructure Capital Inc. (Prime Infra) agreed to acquire a 60-percent stake in First Gen Corp.'s (First Gen) natural gas business for P50 billion,...

Rockwell unveils rapid expansion strategy outside Metro Manila

Rockwell Land Corp, the real estate arm of the Lopez Group, is accelerating its horizontal and geographic expansion strategy in 2025, led by strong...

First Gen’s recurring income softened to $245m in 2024

First Gen Corp. of the Lopez Group on Friday reported a 12-percent decrease in attributable recurring net income for 2024 to $245 million (P14...

EDC awarded two geothermal concessions in Indonesia

Energy Development Corp. (EDC), the renewable energy arm of First Gen Corp. of the Lopez Group, was granted surface exploration and drilling rights, also...

First Gen readies plants conversion to hydrogen fuel

First Gen Corp. of the Lopez Group is preparing its natural gas plants to run on other emission free-fuel such as hydrogen once it...

ThermaPrime buys 3 rigs for geothermal expansion

ThermaPrime Drilling Corp. (ThermaPrime), the Philippines’ leading geothermal well drilling company owned by the Lopez Group, is expanding operations by acquiring three more rigs...

First Gen budgets $1.27b for 2024 capital spending

First Gen Corp. of the Lopez Group is allocating $1.27 billion for 2024 capital expenditures (capex), with the bulk going to its geothermal unit...

Lopez firms renews pact on Verde Island

The Lopez Group reaffirmed its commitment as a corporate steward the Verde Island Passage, one of the world’s most diverse marine ecosystems. The power producer...

Lopez Group vows to help protect Verde Island Passage

Power producer First Gen Corp. (First Gen) and the ABS-CBN Foundation, both of the Lopez Group, on Thursday signed a memorandum of understanding with...

First Gen booked $81-m recurring net income in first three months

First Gen Corp. of the Lopez Group on Wednesday reported a 9-percent decline in attributable recurring net income to $81 million (P4.5 billion) in...

First Gen unit, Prime Infra sign MOU on LNG terminal

FGEN LNG Corp. of the Lopez Group and Prime Infrastructure Capital Inc. of businessman Enrique Razon Jr. signed Thursday a memorandum of understanding for...
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