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FIRST GAS POWER CORP

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abtest

First Gas gets new transformer for Sta. Rita plant

By Donnabelle L. Gatdula | July 5, 2014 - 12:00am

First Gas Power Corp. a wholly-owned unit of Lopez-led First Gen Corp., expects its Santa Rita plant to operate at full capacity after replacing a damaged transformer for a 250-megawatt (MW) unit, a company disclosure...

Business

1998

January 10, 2014 - 7:42am

First Gen looks to triple profit this year

By Neil Jerome Morales | May 17, 2012 - 12:00am

First Gen Corp., the power generation firm of the Lopez Group, is looking at a three-fold growth in profit this year, driven by higher electricity sales from its subsidiaries.

Business

Power, fuel rates up

By Donnabelle L. Gatdula | April 6, 2011 - 12:00am

Higher fuel prices and news of an impending rise in electricity rates greeted consumers yesterday, sparking fears of sharper increases in the costs of basic goods and services in the coming days.

Headlines

First Gen inks $100-M notes facility with BDO

By Donnabelle L. Gatdula | December 18, 2010 - 12:00am

First Gen Corp., the power generation unit of the Lopez Group, said it has signed a $100-million notes facility agreement with Banco de Oro Unibank Inc. (BDO) to raise funding for its investment program, capital...

Business

First Gen eyes P15 billion from stock rights offer

By Donnabelle L. Gatdula | October 7, 2009 - 12:00am

First Gen Corp., the power generation unit of the Lopez Group, will undertake a stock rights offer to raise P15 billion in line with an increase in its authorized capital stock to P7.25 billion from P3.27 billi...

Business

First Gen posts flat income growth to $20.3 million in 6 months

By Donnabelle L. Gatdula | August 20, 2009 - 12:00am

First Gen Corp., the largest renewable energy company in the country, posted a net income of $20.3 million in the first half of 2009, nearly the same level registered in the comparative period last ye...

Business

First Gas renews commitment to effort vs global warming

June 21, 2009 - 12:00am

Lopez-controlled First Gas Power Corp. (First Gas) has reaffirmed its commitment to help in the worldwide effort against global warming and climate change by supporting the recently concluded World Environment Day...

Agriculture

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 Gen's Q3 profit down

By Donnabelle L. Gatdula | November 18, 2008 - 12:00am

Power producer First Gen Corp. reported a 64 percent drop in its net income to $35.6 million in the third quarter from $99.1 million in the same period last year, primarily driven by an increase in interest...

Business