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                    [Title] => First Gen allots $1.375B for 5-year expansion program
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First Gen Corp., the holding company for the power generation and energy-related businesses of the Lopez group, has earmarked $1.375 billion (P65 billion) over the next five years for the continued expansion of existing plants, new gas pipeline and greenfield projects, and its foray into the international markets.


First Gen vice-chairman and chief executive officer Peter D. Garrucho Jr. said the amount does not include planned acquisitions of power assets to be put on the auction block by the state-run Power Sector Assets and Liabilities Management Corp. (PSALM).


                    [DatePublished] => 2007-05-10 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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BINGA AND ANGAT

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                    [Title] => First Gen allots $1.375B for 5-year expansion program
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First Gen Corp., the holding company for the power generation and energy-related businesses of the Lopez group, has earmarked $1.375 billion (P65 billion) over the next five years for the continued expansion of existing plants, new gas pipeline and greenfield projects, and its foray into the international markets.


First Gen vice-chairman and chief executive officer Peter D. Garrucho Jr. said the amount does not include planned acquisitions of power assets to be put on the auction block by the state-run Power Sector Assets and Liabilities Management Corp. (PSALM).


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abtest

First Gen allots $1.375B for 5-year expansion program

By Zinnia B. Dela Peña | May 10, 2007 - 12:00am

First Gen Corp., the holding company for the power generation and energy-related businesses of the Lopez group, has earmarked $1.375 billion (P65 billion) over the next five years for the continued expansion...

Business