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First Gen Corp., the renewable energy firm of the Lopez Group, is set to book an additional $30 million in revenues from its full ownership of two natural gas-fired power plants in Batangas.
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                    [Title] => New generation takes over Lopez power holding firm
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First Philippine Holdings Corp. chairman and CEO Oscar M. Lopez will relinquish his post in the family-run conglomerate effective June 12, paving the way for his son, Federico R. Lopez, the company’s executive director, to assume the post.
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MANILA, Philippines (Xinhua) - Philippine power conglomerate First Philippine Holdings Corporation (First Holdings) posted a net income of P7.8 billion ($167 million) in the third quarter on back of one time gain from the company's sale of its 20 percent stake in Manila Electric Co. (Meralco).
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For First Philippine Holdings Corp. (FPHC) president Elpidio L. Ibañez, the current financial crisis is nothing new.
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ELPIDIO L

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abtest

First Gen eyes $30 million in additional revenues

By Neil Jerome C. Morales | June 4, 2012 - 12:00am

First Gen Corp., the renewable energy firm of the Lopez Group, is set to book an additional $30 million in revenues from its full ownership of two natural gas-fired power plants in Batangas.

Business

New generation takes over Lopez power holding firm

By Ted P. Torres | June 1, 2010 - 12:00am

First Philippine Holdings Corp. chairman and CEO Oscar M. Lopez will relinquish his post in the family-run conglomerate effective June 12, paving the way for his son, Federico R. Lopez, the company’s executive...

Business

RP power conglomerate third quarter net income hit $167 million

November 17, 2009 - 12:00am

MANILA, Philippines (Xinhua) - Philippine power conglomerate First Philippine Holdings Corporation (First Holdings) posted a net income of P7.8 billion ($167 million) in the third quarter on back of one time gain...

Business in the eye of another storm

By Carla Paras-Sison | January 5, 2009 - 12:00am

For First Philippine Holdings Corp. (FPHC) president Elpidio L. Ibañez, the current financial crisis is nothing new.

Business As Usual

First Holdings completes buyout of Union Fenosa

By Zinnia B. Dela Peña | January 24, 2008 - 12:00am

Business

PBE elects new officers

December 18, 2005 - 12:00am

At their annual meeting held Nov. 29, members of the Philippine Business for the Environment (PBE) elected their board of trustees for 2006. The board is led by PBE chairman Ed Chua who is also country chairman and...

Agriculture