+ Follow FIRST GENERATION HOLDINGS CORP Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 350764
[Title] => IPPs show interest in NE power plants
[Summary] =>
The second pre-bid conference for the sale of the 100-megawatt (MW) Pantabangan and the 12-MW Masiway hydroelectric power plants in Nueva Ecija has attracted several interested parties, mostly independent power producers (IPPs).
The pre-bid conference was conducted by Power Sector Assets and Liabilities Management Corp. (PSALM), the agency tasked to privatize the generation assets of National Power Corp. (Napocor).
[DatePublished] => 2006-08-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 345523
[Title] => Government urged to use forfeited Masinloc bond to pay Napocor’s debt
[Summary] =>
Opposition and pro-administration senators crossed party lines yesterday in asking the government to ensure that the forfeited $14-million bond posted by YNN Pacific Consortium in the aborted purchase of the 600-megawatt Masinloc power plant in Zambales be used instead to pay the ballooning loan obligations of the debt-ridden National Power Corp. (Napocor).
[DatePublished] => 2006-07-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[2] => Array
(
[ArticleID] => 345154
[Title] => PSALM to rebid Masinloc facility
[Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) has decided to rebid the 600-megawatt (MW) Masinloc coal-fired power facility after YNN Pacific Consortium Inc. and its partner Ranhill Berhad of Malaysia failed to pay the $227.54 million downpayment last Friday.
At the same time, PSALM forfeited the $14-million performance bond posted by the YNN group.
The decision was arrived at as PSALM’s board stood firm on not giving in to another extension of the payment of the 40 percent upfront cash.
[DatePublished] => 2006-07-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 335245
[Title] => First Gas awarded $11.2M in contract dispute with Siemens
[Summary] => First Gas Power Corp. (FGPC), a subsidiary of the Lopez-owned First Generation Holdings Corp., announced Thursday another positive development in its arbitration proceedings with Siemens due to contract differences.
In a disclosure to the Philippine Stock Exchange, First Gen said the Arbitral Tribunal issued its third interim ruling and awarded FGPC $11.2 million (including the $5-million balance of liquidated damages payable pursuant to the second interim award), and Siemens $8.5 million, respectively.
[DatePublished] => 2006-05-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 320461
[Title] => First Gen seen to spend $11.3M for expansion projects
[Summary] => First Generation Holdings Corp., the largest Filipino-controlled power producer, will set aside about $11.3 million for its capital expenditures this year.
Official documents showed that the planned spending for 2006 include expenses for the power augmentation of two natural gas-fired power facilities –1,000-megawatt (MW) Santa Rita and 500-MW San Lorenzo plants.
Part of the power augmentation project is a proposed inlet air cooling (IAC) which the company believes is a proven technology that would increase the generating capacities of the two power plants.
[DatePublished] => 2006-02-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 320306
[Title] => Shares likely to remain flat as outlook not exciting — analysts
[Summary] => Lackluster trading is expected to ensue in the stock market this week as investors continue to guard improvement in corporate earnings and seek guidance overseas, analysts said.
Investors are also seeking clues on the listing of First Generation Holdings Corp.’s shares in the stock market and the pricing for Universal Robina Corp.’s primary and secondary share sale.
[DatePublished] => 2006-02-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 319644
[Title] => First Gen, Marubeni tie up for acquisition of power assets
[Summary] => Japanese firm Marubeni Corp. and the Lopez-owned First Generation Holdings Corp. will form a joint venture company that will engage in the acquisition of non-gas power generation assets.
The tie-up will specifically target generation assets to be sold by the Power Sector Assets and Liabilities Management Corp. (PSALM) and the Philippine National Oil Co.-Energy Development Corp.
The company also intends to acquire certain privately-owned power generation facilities.
[DatePublished] => 2006-02-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 319466
[Title] => First Gen hopes to raise $180M via IPO
[Summary] => First Generation Holdings Corp., the investment arm of the Lopez family for its power generation and energy-related interests, expects to raise as much as $180 million (P9.4 billion) from the maiden offering of its shares to the public if the greenshoe option is exercised.
The greenshoe option allows an underwriter of a new issue to sell additional shares to the public if the demand is high.
[DatePublished] => 2006-02-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 319201
[Title] => Market to consolidate as coup rumors persist, say analysts
[Summary] => The market will continue to consolidate this week as investors exercise a little caution given persistent coup rumors that are threatening the country’s improving outlook.
BPI Securities said the market may remain in consolidation as some investors may be on holiday due to the Lunar new year celebrations.
"The Phisix held support at the 2090 to 2100 range this is positive for the market. However, it still traded in a narrow range between 2103 and 2126, which indicates consolidation."
[DatePublished] => 2006-01-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 318845
[Title] => First Gen completes international roadshow
[Summary] => First Generation Holdings Corp., the listed holding company of the Lopez Group for its power generation and energy-related businesses, completed Thursday its international roadshow, raising nearly P7 billion after cutting the share price for its initial public offering below the initial targeted range.
First Gen has set the IPO price at P47 per share and settled for an offer size of 180.9 million shares. The final offer price is below the bottom end of the indicated range of P51 to P62. The company initially earmarked as much as 219.9 million new shares for the offering.
[DatePublished] => 2006-01-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
FIRST GENERATION HOLDINGS CORP
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 350764
[Title] => IPPs show interest in NE power plants
[Summary] =>
The second pre-bid conference for the sale of the 100-megawatt (MW) Pantabangan and the 12-MW Masiway hydroelectric power plants in Nueva Ecija has attracted several interested parties, mostly independent power producers (IPPs).
The pre-bid conference was conducted by Power Sector Assets and Liabilities Management Corp. (PSALM), the agency tasked to privatize the generation assets of National Power Corp. (Napocor).
[DatePublished] => 2006-08-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 345523
[Title] => Government urged to use forfeited Masinloc bond to pay Napocor’s debt
[Summary] =>
Opposition and pro-administration senators crossed party lines yesterday in asking the government to ensure that the forfeited $14-million bond posted by YNN Pacific Consortium in the aborted purchase of the 600-megawatt Masinloc power plant in Zambales be used instead to pay the ballooning loan obligations of the debt-ridden National Power Corp. (Napocor).
[DatePublished] => 2006-07-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[2] => Array
(
[ArticleID] => 345154
[Title] => PSALM to rebid Masinloc facility
[Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) has decided to rebid the 600-megawatt (MW) Masinloc coal-fired power facility after YNN Pacific Consortium Inc. and its partner Ranhill Berhad of Malaysia failed to pay the $227.54 million downpayment last Friday.
At the same time, PSALM forfeited the $14-million performance bond posted by the YNN group.
The decision was arrived at as PSALM’s board stood firm on not giving in to another extension of the payment of the 40 percent upfront cash.
[DatePublished] => 2006-07-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 335245
[Title] => First Gas awarded $11.2M in contract dispute with Siemens
[Summary] => First Gas Power Corp. (FGPC), a subsidiary of the Lopez-owned First Generation Holdings Corp., announced Thursday another positive development in its arbitration proceedings with Siemens due to contract differences.
In a disclosure to the Philippine Stock Exchange, First Gen said the Arbitral Tribunal issued its third interim ruling and awarded FGPC $11.2 million (including the $5-million balance of liquidated damages payable pursuant to the second interim award), and Siemens $8.5 million, respectively.
[DatePublished] => 2006-05-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 320461
[Title] => First Gen seen to spend $11.3M for expansion projects
[Summary] => First Generation Holdings Corp., the largest Filipino-controlled power producer, will set aside about $11.3 million for its capital expenditures this year.
Official documents showed that the planned spending for 2006 include expenses for the power augmentation of two natural gas-fired power facilities –1,000-megawatt (MW) Santa Rita and 500-MW San Lorenzo plants.
Part of the power augmentation project is a proposed inlet air cooling (IAC) which the company believes is a proven technology that would increase the generating capacities of the two power plants.
[DatePublished] => 2006-02-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 320306
[Title] => Shares likely to remain flat as outlook not exciting — analysts
[Summary] => Lackluster trading is expected to ensue in the stock market this week as investors continue to guard improvement in corporate earnings and seek guidance overseas, analysts said.
Investors are also seeking clues on the listing of First Generation Holdings Corp.’s shares in the stock market and the pricing for Universal Robina Corp.’s primary and secondary share sale.
[DatePublished] => 2006-02-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 319644
[Title] => First Gen, Marubeni tie up for acquisition of power assets
[Summary] => Japanese firm Marubeni Corp. and the Lopez-owned First Generation Holdings Corp. will form a joint venture company that will engage in the acquisition of non-gas power generation assets.
The tie-up will specifically target generation assets to be sold by the Power Sector Assets and Liabilities Management Corp. (PSALM) and the Philippine National Oil Co.-Energy Development Corp.
The company also intends to acquire certain privately-owned power generation facilities.
[DatePublished] => 2006-02-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 319466
[Title] => First Gen hopes to raise $180M via IPO
[Summary] => First Generation Holdings Corp., the investment arm of the Lopez family for its power generation and energy-related interests, expects to raise as much as $180 million (P9.4 billion) from the maiden offering of its shares to the public if the greenshoe option is exercised.
The greenshoe option allows an underwriter of a new issue to sell additional shares to the public if the demand is high.
[DatePublished] => 2006-02-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 319201
[Title] => Market to consolidate as coup rumors persist, say analysts
[Summary] => The market will continue to consolidate this week as investors exercise a little caution given persistent coup rumors that are threatening the country’s improving outlook.
BPI Securities said the market may remain in consolidation as some investors may be on holiday due to the Lunar new year celebrations.
"The Phisix held support at the 2090 to 2100 range this is positive for the market. However, it still traded in a narrow range between 2103 and 2126, which indicates consolidation."
[DatePublished] => 2006-01-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 318845
[Title] => First Gen completes international roadshow
[Summary] => First Generation Holdings Corp., the listed holding company of the Lopez Group for its power generation and energy-related businesses, completed Thursday its international roadshow, raising nearly P7 billion after cutting the share price for its initial public offering below the initial targeted range.
First Gen has set the IPO price at P47 per share and settled for an offer size of 180.9 million shares. The final offer price is below the bottom end of the indicated range of P51 to P62. The company initially earmarked as much as 219.9 million new shares for the offering.
[DatePublished] => 2006-01-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
