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KKR still bullish on Philippines, says ready to boost investment

Warren de Guzman, ABS-CBN News
Posted at Dec 02 07:37 PM

Global investment firm KKR said Wednesday it remains bullish on the Philippines and is ready to add to the $1 billion it has already invested in the country.  Read more »

Lopezes donating P5.5-M worth of lab machines, equipment to Iloilo City’s COVID-19 lab

ABS-CBN News
Posted at Nov 27 09:32 PM

MANILA — The mayor of Iloilo City on Friday thanked the Lopez family and the Lopez Group of Companies for its proposed P5.5-million worth of medical donations for the Uswag Molecular Laboratory in Molo district, as the city boosts its efforts to stem the spread of COVID-19.  Read more »

First Gen says LNG projects pushing through despite drop in Jan-Sept recurring income

ABS-CBN News
Posted at Nov 12 12:49 PM

Clean energy provider First Gen Corporation (First Gen) is pushing through with its liquefied natural gas (LNG) development despite a decline in recurring net income from January to September this year, the company said.   Read more »

Are you aware of where your home electricity comes from?

First Gen
Posted at Nov 04 03:36 PM

Environmental consciousness starts form identifying the source of the problem, followed by proactive involvement to reach the solution. Read more »

First Gen unit eyes developing small-scale LNG solutions in PH

ABS-CBN News
Updated as of Oct 30 10:26 AM

First Gen Corp said Friday its wholly-owned subsidiary FGEN LNG Corp was eyeing the development of small-scale liquified natural gas (ssLNG) solutions at the First Philippine Industrial Park. Read more »

Tokyo Gas to join Philippines offshore LNG terminal project

Kyodo News
Posted at Oct 08 01:35 PM

The largest Japanese gas supplier said Wednesday it will take on 20 percent of the $300 million project, including terminal construction and operation for importing LNG as well as repair of an existing jetty and installation of gas-receiving equipment in an area in Batangas city, some 100 kilometers south of Manila. Read more »

First Gen employees hold 'hi-tech' tree-planting activity, raises funds for indigents in Batangas town

ABS-CBN News
Posted at Sep 26 06:12 AM

First Gen Corp employees held a "hi-tech" tree-planting activity, raising thousands of pesos for indigents in a Batangas town whose means of livelihood were hit by the coronavirus pandemic. Read more »

Lopez Holdings posts 93 percent drop in H1 net income due to virus, ABS-CBN losses

ABS-CBN News
Updated as of Aug 26 11:32 AM

Lopez Holdings Corp. said Wednesday its net income declined by 93 percent in the first 6 months of 2020 due to lower revenues from all business units, the COVID-19 pandemic and net loss of ABS-CBN's media business.    Read more »

First Gen says 'open' to new partners as it accelerates LNG project

Jessica Fenol, ABS-CBN News
Posted at Jul 29 02:11 PM

First Gen Corp on Wednesday said it is open to work with more partners as it focuses on accelerating its liquefied natural gas (LNG) project in the country. Read more »

KKR acquiring stake in First Gen

ABS-CBN News
Updated as of Jun 29 05:50 PM

MANILA – Global investment firm KKR said Monday it is acquiring 11.9 percent stake of independent power producer First Gen Corp. Read more »

PGH expands COVID-19 testing with new Lopez Group initiative

ABS-CBN News
Posted at May 28 12:50 PM

First Gen Corp and ABS-CBN Corp will complete within the month an on-going donation of P46 million worth of new machines and lab equipment, bringing PGH's capacity to 1,500 tests per shift from 150, the Lopez group said in a statement.   Read more »

First Gen to develop 120-megawatt hydro facility in Nueva Ecija

ABS-CBN News
Posted at Jan 27 02:50 PM

Under the hydropower service contract it secured from the Department of Energy, First Gen said its unit, FG Hydro has 5 years for pre-development activities in Aya, Pantabangan. Read more »

First Gen says Batangas plants continue to operate

ABS-CBN News
Posted at Jan 14 11:12 AM

Any decision to stop operations will consider "safety and good utility," First Gen said in a statement. Continued ash fall can damage the plants' gas turbines, it said. Read more »

ABS-CBN kinilala dahil sa maayos na pamamalakad ng kompanya

ABS-CBN News
Posted at Jun 21 08:43 PM

Pinarangalan ng Institute of Corporate Directors para sa mahusay na pamamalakad sa kompanya ang ABS-CBN.    Read more »

Liquefied natural gas terminal tinatayo sa Pinas

ABS-CBN News
Posted at May 28 08:53 PM

Pansalo ang liquefied natural gas terminal kapag naubos ang suplay ng natural gas galing sa Malampaya platform.  Read more »

First Gen, Tokyo Gas break ground on LNG project

ABS-CBN News
Posted at May 28 03:32 PM

FGEN LNG Corp's LNG Terminal project is "construction ready" following the completion of significant pre-development work, the company said in a statement.  Read more »

First Gen net income surges in 2018 on strong natural gas earnings

ABS-CBN News
Posted at Mar 13 10:01 AM

First Gen said its attributable net income rose 65 percent to $221 million (P11.6 billion) while recurring net income attributable to shareholders rose 51 percent to $243 million (P12.8 billion). Read more »

First Gen, Tokyo Gas secure PH gov't approval for LNG project

ABS-CBN News and Kyodo News
Posted at Mar 12 02:53 PM

First Gen Corp said it was waiting for formal notice on the Department of Energy's decision allowing it to proceed with a natural gas project with Tokyo Gas Co. Read more »

Lopez-supported youth orchestra holds concert

ABS-CBN News
Posted at Feb 25 08:06 AM

Orchestra of the Filipino Youth performed Filipino classics including Rey Valera's “Kahit Maputi Na Ang Buhok Ko.” The group is backed by Ang Misyon, a non-stock corporation supported by , backed by ABS-CBN, First Gen and First Philippine Holdings. Read more »

First Gen, EDC only Philippine firms in world Carbon Clean 200

ABS-CBN News
Posted at Jan 14 12:43 PM

First Gen ranked 113rd with estimated clean energy revenues of $632 million in 2017, while EDC ranked 139th with $494.72 million. Read more »