First Gen Corp.

Type: Company
Name: First Gen Corp. (First Gen Corp)
First reported 14 hours ago - Updated 14 hours ago - 1 reports

Noah got it right

Typhoon Glenda once again drove home the message that the recently-concluded conference on Partnerships for Disaster and Climate Resilience tried to convey: that preparedness and adaptation matter but that transforming our thinking and ways of doing things ... [Published Philippine Star - 14 hours ago]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Dumb and dumber

Re: Michael Setter’s letter, “Pornphet’s allies” on July 29 in which Mr Setter claims Khun Pornphet has no scholarly publications, but still was asked to help write the new Thai constitution.I hardly think those who helped draft the American constitution ... [Published Bangkok Post - Jul 29 2014]
First reported Jul 27 2014 - Updated Jul 27 2014 - 1 reports

Power firms fear summer shortage

MANILA, Philippines - Power generators said it would be difficult to provide up to 500 megawatts in additional capacity next year, which Energy Secretary Carlos Jericho Petilla said is what the country needs to avert a power crisis.Petilla proposed the ... [Published Philippine Star - Jul 27 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Stocks end flat

The local stock market was flat Friday, the last trading day before the so-called “ghost month,” alongside lackluster regional markets.The Philippine Stock Exchange index (PSEi) shed 0.34 point to close at 6,889.55. For the week, the local stock barometer ... [Published Philippine Daily Inquirer - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Emergency powers to let PSALM enter into supply contracts

Hits: 6The emergency powers being recommended by the Department of Energy (DOE) for President Aquino shall mandate the debt-ridden Power Sector Assets and Liabilities Management Corporation (PSALM) to enter into power supply contracts for capacities that ... [Published Philippine Department of Energy - Jul 25 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 4 reports

San Lorenzo gas plant resumes operation

Share this:The 500-megawatt San Lorenzo gas fired power plant of First Gas Power Corporation has been synchronized back to the grid on Monday, the operator firm has announced.The Lopez company, in a disclosure to the Philippine Stock Exchange (PSE), has ... [Published Manila Bulletin - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Luzon grid gets more power as 2 First Gen plants go back online nearly a week after 'Glenda' means BUSINESSMANILA - First Gen Corp has brought back its two natural gas plants in Batangas online after the facilities were cut off from the Luzon grid by Typhoon Glenda.In a disclosure to the Philippine Stock Exchange, the Lopez-controlled ... [Published Interaksyon - Jul 22 2014]
First reported Jul 12 2014 - Updated Jul 12 2014 - 1 reports

ABS-CBN Lingkod Kapamilya, First Gen tie up for dev’t of 8 ecotourism sites

MANILA, Philippines - Eight Bantay Kalikasan ecotourism sites are set to be developed as First Gen Corp. seals a partnership with ABS-CBN Lingkod Kapamilya Foundation.First Gen Corp. donated P5 million to fund the development of ecotourism sites in the ... [Published Philippine Star - Jul 12 2014]
First reported Jul 11 2014 - Updated Jul 12 2014 - 10 reports

KfW lends $265m to First Gen

First NatGas Power Corp., a wholly-owned subsidiary of First Gen Corp., signed a $265-million export credit facility with KfW IPEX-Bank of Germany to partially finance the construction of the 414-megawatt San Gabriel natural gas power project in Batangas ... [Published Manila Standard Today - Jul 11 2014]
First reported Jul 07 2014 - Updated Jul 07 2014 - 2 reports

CA affirms West Tower case as damage suit

The appellate court’s 10th division, in a 17-page decision, affirmed the decision by a Makati court declaring the complaint of West Tower residents as “an ordinary action for damages.”“Evidently, the main thrust of petitioners’ arguments is not the environmental ... [Published Business World - Jul 07 2014]
First reported Jul 04 2014 - Updated Jul 04 2014 - 5 reports

First Gas gets new transformer for Sta. Rita plant

MANILA, Philippines - First Gas Power Corp. a wholly-owned unit of Lopez-led First Gen Corp., expects its Santa Rita plant to operate at full capacity after replacing a damaged transformer for a 250-megawatt (MW) unit, a company disclosure to the Philippine ... [Published Philippine Star - Jul 04 2014]
First reported Jul 04 2014 - Updated Jul 04 2014 - 1 reports

First Gen: Luzon grid to get back 250MW once Sta. Rita plant capacity fully restored

The Luzon grid will regain 250 megawatt (MW) after the unit of First Gen Corp., which owns Sta. Rita power plant in Batangas City, installs a new transformer that will allow the facility to operate at full capacity. In a disclosure to the Philippine Stock ... [Published GMA News Online - Jul 04 2014]


Coal fired power plants include: Therma South Inc. "s 300 MW Coal-fired Therma South Energy Project in Barangay Binugao, Toril, Davao City and Barangay Inawayan, Sta. Cruz, Davao Del Sur; Sarangani Energy Corporation's 200 MW Southern Mindanao Coal Fired Power Station in Maasim, Sarangani; San Miguel Consolidated Power Corporation's 300 MW SMC Davao Power Plant Project Phase 1 in Malita, Davao del Sur; FDC Utilities, Inc." s 405 MW Misamis Circulating Fluidized Bed Coal-fired power plant project in Misamis Oriental; and GN Power Kauswagan's 540 MW PsagCorp...
"Unit 40 was returned to operation after completion of installation and commissioning of the new replacement transformer" First Gen said
...“We issued a zero coupon convertible bond last year so we do have options for cheaper funding costs,” said a source at ASE. "But the good PR is a major draw and we take a lot of importance in our identity as an environmentally conscientious company.”"
Commenting on the completion of the financing deal, Markus Scheer, a member of the KfW Ipex-Bank management board, says: "This project is an example of successful exporting of German high technology with added value: after completion, San Gabriel will be the most efficient combined cycle gas-fired power plant not only in the Philippines but in the rest of Southeast Asia, a real showcase project for the energy market in the whole region. Thus, key German technologies are helping to relieve the burden on the environment.”"

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All (111) | News (108) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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Noah got it right [Published Philippine Star - 14 hours ago]
Dumb and dumber [Published Bangkok Post - Jul 29 2014]
DOE: 16 power projects to generate 1,900MW [Published Sun Star Network - Jul 29 2014]
Nueva Ecija braces for El Niño [Published Philippine Star - Jul 28 2014]
10 projects that just might solve Mindanao's po... [Published Interaksyon - Jul 28 2014]
Power firms fear summer shortage [Published Philippine Star - Jul 27 2014]
Stocks end flat [Published Philippine Daily Inquirer - Jul 25 2014]
Emergency powers to let PSALM enter into supply... [Published Philippine Department of Energy - Jul 25 2014]
HSF deepens Asia infrastructure and projects team [Published Herbert Smith LLP - Jul 23 2014]
Resilience in the face of natural disasters [Published Manila Bulletin - Jul 23 2014]
San Lorenzo gas plant resumes operation [Published Manila Bulletin - Jul 22 2014]
Luzon gets more power as First Gen’s 2 plants b... [Published Manila Times - Jul 22 2014]
How to make power lines disaster-proof? Put the... [Published Rappler - Jul 22 2014]
Buying in select stocks help PSEi pare losses [Published GMA News Online - Jul 22 2014]
Deals - 22 July 2014 [Published In House Community - Jul 22 2014]
First Gen: Update on Santa Rita and San Lorenzo... [Published Business World - Jul 22 2014]
Luzon grid gets more power as 2 First Gen plant... [Published Interaksyon - Jul 22 2014]
Santa Rita, San Lorenzo plants resume operations [Published ABS-CBN News - Jul 22 2014]
NIA stops anew water release from Pantabangan Dam [Published Philippine Star - Jul 21 2014]
Stricter scrutiny of power firms’ insurance cov... [Published Manila Bulletin - Jul 20 2014]
Glenda barely improves Pantabangan Dam’s water ... [Published Philippine Star - Jul 19 2014]
Palace: Power back soon [Published Manila Standard Today - Jul 19 2014]
Glenda's rains not enough for Pantabangan to re... [Published Interaksyon - Jul 19 2014]
Outages surprise north Luzon folk [Published Philippine Daily Inquirer - Jul 18 2014]
EDC bonds still highest rated [Published Philippine Daily Inquirer - Jul 18 2014]
Plant shutdowns stretch brownouts to 6 hours [Published Manila Bulletin - Jul 18 2014]
Asia finally opens to green bonds as ASE launch... [Published GlobalCapital - Jul 17 2014]
KfW Ipex-Bank finances top power plant [Published Global Trade Review - Jul 17 2014]
NE eyed as site for mini-hydro power plants [Published Punto! Central Luzon - Jul 14 2014]
Thailand Shares at More Than 12-Month High [Published 4 Traders - Jul 14 2014]
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