General Corporate Information
What are the mission and vision statements of First Gen?
First Gen desires to enhance its position as the leading world-class Filipino energy company. First Gen aims to deliver cost-effective and reliable energy services to customers. First Gen will rise to the challenges of world-class competition.
TO BE THE PREFERRED PROVIDER: We are committed to be the preferred provider of energy services. In performing our role as the preferred provider, we will acquire, develop, finance, operate, and maintain our investments with the single-minded focus on delivering superior services to our customers.
TO BE THE PREFERRED EMPLOYER: We are a company of talented, dynamic, highly motivated, and fun-loving individuals. We provide a work environment that encourages innovative and entrepreneurial employees to build our business. We retain and attract talent by offering competitive benefits and compensation packages as well as professional development.
TO BE THE PREFERRED INVESTMENT: We strive to grow the business and enhance shareholder value by proactively pursuing opportunities and subjecting these to a diligent analysis of risks and rewards. We remain focused on our core power generation business while developing and seeking other viable energy-related business opportunities. We value our relationships with our investors and partners, and demonstrate this through good governance, transparency and professionalism.
TO BE THE PREFERRED PARTNER: We aim to be the preferred partner in nation building and community development. We are committed to the fulfilment of our social, environmental, and economic responsibilities.
What are the major assets of First Gen?
First Gen’s major assets include the following: 100.0% interest in the 1,000-MW Santa Rita natural gas plant; 100.0% interest in the 500-MW San Lorenzo natural gas plant; 50.6% economic interest in Energy Development Corporation (EDC); 70.3% effective interest in the 132-MW Pantabangan-Masiway hydroelectric plants, and 100.0% effective interest in the 1.6-MW Agusan mini-hydro plant.
Where are the First Gen assets located?
All of First Gen’s assets are located in the Philippines. The Santa Rita, San Lorenzo, Pantabangan-Masiway, EDC’s Bacman geothermal production field and the Burgos wind and solar farms are all located in the island of Luzon. EDC’s Leyte, Southern Negros, and Northern Negros geothermal production fields are located in the Visayas. First Gen also has assets in the island of Mindanao through EDC’s Mindanao geothermal production field and the FG Bukidnon mini-hydro plant in the province of Bukidnon.
What is the fiscal year of First Gen?
The fiscal year of First Gen begins on the first day of January and ends on the last day of December of each year.
Does First Gen have a Manual on Corporate Governance?
Yes. First Gen’s Manual on Corporate Governance has been in effect since February 24, 2005. The Manual was revised in April 2010, March 2011 and July 2014. Among the items instituted by First Gen in accordance with the Manual of Corporate Governance are: the election of two independent directors, formation of the committees on Audit, Nomination and Governance, Compensation and Remuneration, and Risk Management committees, and the setting up of a compliance system.
Who can I contact about other specific questions?
If you can’t find the information you’re looking for in our website, you may contact us through the following:
First Gen Corporation
6/F Rockwell Business Center Tower 3
Ortigas Avenue, Pasig City 1604
Tel. No.: (632) 449-6400
Fax No.: (632) 637-8366
General Corporate Information and Compliance
Ms. Rachel R. Hernandez
Ms. Marizel P. Queliza
Corporate Social Responsibility
Ms. Janice O. Dugan
Ms. Valerie Y. Dy Sun
Stockholder Services and Assistance
STSI Customer Care