FG Bukidnon Power Corporation

First Gen won the bidding for the 1.6-MW Agusan mini-hydro plant when it was auctioned by PSALM in June 2004. It was officially turned over in March 2005. Eventually, the asset was transferred to FG Bukidnon, a wholly owned subsidiary of First Gen Renewable Inc.

Commissioned and constructed by NPC in 1957, the Agusan Mini-hydro plant is located in Damilag, Manolo, Fortich, and Bukidnon in Mindanao (southern Philippines), 36 kilometers southeast of Cagayan de Oro City. The run-of-river plant consists of two 800-kW turbine generators that use water from the Agusan River to generate electricity. It is connected to the local distribution grid, Cepalco via the Transco distribution line. FG Bukidnon participated and won in the bidding on March 2, 2007 for the long-term power supply of Cepalco.