The Lopez Achievement Awards
November 2015

Established in 2002, the Lopez Achievement Awards (LAA) is an annual search for exemplary accomplishments of teams and individuals within the Lopez Group of Companies that have contributed to business objectives and at the same time demonstrated the Group’s core values.
>> Read more

MANILA BULLETIN: First Gen income up 17% to USD50.5M
May 19, 2015

Higher earnings posted by its geothermal assets and cash stream from new capacities have propped the net income of Lopez-owned First Gen Corporation by 17 percent to USD50.5 million in the first quarter from last year’s USD42.9 million.
>> Read more


PHILIPPINE STAR: First Gen to boost hydropower portfolio

May 18, 2015

First Gen Corp., the Lopez-owned power producer, will continue to build its portfolio of hydropower alongside the growth of its natural gas, geothermal and solar capacities.
>> Read more


STANDARD: First Gen readies LNG hub

May 14, 2015

First Gen Corp. will choose its joint venture partner for the -billion liquefied natural gas regasification terminal in Batangas this year, in time for the start of the construction in 2016, company executives said Wednesday.
>> Read more


MANILA BULLETIN: First Gen’s board gets fresh mandate from stockholders

May 14, 2015

Members of the board of First Gen Corporation, led by Chairman and CEO Federico R. Lopez (4th from left), pose for a group photo right after they were reelected by stockholders during the company’s annual stockholders’ meeting on May 13, 2015. Also reelected are (from left): Jaime I. Ayala; Richard B. Tantoco; President and COO Francis Giles B. Puno; Chairman and CEO Federico R. Lopez; Elpidio L. Ibanez; Peter D. Garrucho and Tony Tan Caktiong. Eugenio Lopez III (not in photo) was likewise reelected. First Gen is the country’s leading clean and renewable energy company with 2,942 megawatts in installed capacity, as of Dec. 31, 2014.
>> Read more


MANILA BULLETIN: ERC okays Avion’s grid connection

April 30, 2015

The Energy Regulatory Commission (ERC) has approved the Lopez group’s bid for interim connection of its greenfield 100-megawatt Avion power plant which it targets to advance to commercial commissioning June this year.
>> Read more


PHILIPPINE DAILY INQUIRER: USD6.7-M Avion transmission link OKd

March 30, 2015

A First Gen Corp. subsidiary is undertaking a transmission project to enable upcoming power stations in the Lopez Group’s gas-fired generation plant complex in Batangas to supply the Luzon grid. 
>> Read more


PHILIPPINE STAR: First Gen earnings surge 64% to USD193M in 2014

March 14, 2015

Lopez-owned power generation company First Gen Corp. reported a 64-percent increase in its 2014 net income to USD193.2 million from 8 million the prior year.
>> Read more


PHILIPPINE DAILY INQUIRER: First Gen scouting for foreign partners, loans for USD1-B liquefied natural gas project

March 07, 2015

First Gen Corp. of the Lopez group is getting ready to proceed with its USD1-billion liquefied natural gas (LNG) terminal project in Batangas as it talks to European and Japanese firms for partnership.
>> Read more


MANILA BULLETIN: First Gen income up 38% to USD162.8M in first 9 months

November 19, 2014

A destructive typhoon and lower revenues from its hydro assets may have ignited slight operational drawbacks, but Lopez-owned First Gen Corporation still managed to pull its net income on the upside, having logged a substantial 37.7-percent growth to USD162.8 million in the first nine months from last year’s comparative figure of USD118.2 million.
>> Read more


PHILIPPINE STAR: First Gen unit inks supply deal with Slovakian contractor

August 05, 2014

First Gen Corp., through its wholly-owned subsidiary Prime Meridian Powergen Corp. (PMPC), said it has executed supply contracts with the Istroenergo Group (IEG) for the 97-megawatt Avion open cycle natural gas-fired power plant in Batangas.
>> Read more
d.getElementsByTagName(‘head’)[0].appendChild(s);