First Gen

6 May 2025

10:41AM

Lopez’s First Gen Q1 2025 profit slips 4% as geothermal, gas sales dip

The Lopez family-led power firm First Gen Corp. posted a 4 percent drop in recurring net income to $77 million (P4.49 billion) in the first quarter of 2025, down from $81 million (P4.52 billion) in the same period last year.

2 May 2025

8:32AM

Chioson Group renews geothermal power deal with First Gen

The Chioson Group of Companies and FLB Prime Holdings Inc., a Cebu-based steel manufacturer and property developer, have renewed their partnership with First Gen Corp. for the direct supply of renewable energy to power their facilities in Cebu.

24 Apr 2025

11:29AM

First Gen to power Sanyo Denki’s Subic factories with geothermal energy

The renewable power will energize all four manufacturing facilities and a technology center operated by Sanyo Denki Philippines inside the Subic Technopark, part of the Subic Bay Special Economic and Freeport Zone.

10 Apr 2025

8:32AM

Industrial gas giant NSIG taps First Gen for clean energy shift at Mindanao plant

Under the deal, First Gen—through its subsidiary Energy Development Corp. (EDC)—will supply 2.6 megawatts (MW) of green power from the Mindanao Geothermal Power Plant in North Cotabato.

23 Mar 2025

5:51PM

Lopez's First Gen hit by drilling costs, 2024 profit slips to P14B despite strong gas sales

The Lopez family-led First Gen Corp. posted a 12 percent drop in attributable recurring net income to 245 million (P14 billion) in 2024, down from 277 million (P15.4 billion) last year, as higher borrowing costs and weaker geothermal performance weighed on results.

3 Mar 2025

7:39AM

Cebu’s premier business hub expands green initiatives with First Gen solar power

Oakridge Realty Development Corp. (ORDC), the owner and developer of Oakridge Business Park in Mandaue City, Cebu, has strengthened its partnership with First Gen Corp. through a new agreement to install a 638-kilowatt-peak (kWp) rooftop solar power system at the business park

19 Feb 2025

12:50PM

Tokyo Gas finalizes acquisition of 20% stake in First Gen’s LNG terminal

Tokyo Gas Co. Ltd.,, Japan’s largest natural gas utility company, has completed its acquisition of a 20-percent stake in FGEN LNG Corp., a subsidiary of First Gen Corp.

23 Dec 2024

8:38AM

FEU renews partnership with First Gen for greener, smarter campuses

Far Eastern University (FEU) has renewed its agreement with First Gen Corp. to secure a direct supply of electricity for its campuses in Manila and Alabang.

20 Nov 2024

11:50AM

Colours Town Center goes green with First Gen’s renewable energy

This commercial hub in Las Piñas City will source 600 kilowatts (kW) of electricity from the Pantabangan-Casecnan hydroelectric power plants in Nueva Ecija, operated by Lopez-owned First Gen.