Page 35 - First Gen News Today

Published July 8, 2021, 11:50 AM Lopez-led First Philippine Holdings Corporation (FPH) started the rollout this week of its Covid-19 vaccines for employees and dependents as part of the conglomerate’s program to help assure the health of its workforce and support government’s overall aim to achieve herd immunity against the dreaded virus.  An employee of First Philippine Holdings Corporation (FPH) undergoes screening before getting a Covid-19 vaccine Tuesday, 6 July 2021, inside the First ...

offtake optimization, contract structuring, and the pursuit of new opportunities in emerging segments such as EV fleets and hydrogen. “Through this relationship, our investors will get added value from distinctive asset sourcing, customized PPAs, technical expertise in storage and renewable energy, deep operational engagement, and active stakeholder management,” KKR Infrastructure Team Managing Director Benoit Allehaut said in a statement announcing the deal. Crossover Energy’s client r...

Published June 7, 2021, 6:00 AM ERC hints ‘pricing play’ The country’s giant power firms have been tagged as the culprits in last week’s rotational brownouts with “forced outages’ of their power plants going beyond the time allowance prescribed by the Energy Regulatory Commission (ERC). In a Congressional hearing on Friday, ERC chairperson Agnes T. Devanadera further hinted of “pricing play” as the secondary price cap in the Wholesale Electricity Spot Market (WESM) had been hit ...

Marine operator Svitzer will provide towage and other vessel support services for First Gen’s Interim Offshore Liquefied Natural Gas (LNG) Terminal in the

Lopez-led First Gen Corporation has inked a 10-year time charter party with Danish firm Svitzer for the provision of towage and other vessel support services for the former’s interim liquefied natural gas (LNG) import facility. In the deal that was signed with Lopez firm subsidiary FGEN LNG Corpor

BusinessWorld June 4, 2021 | 12:03 am A UNIT of Lopez-led First Gen Corp. has entered into 10-year contract for towage and vessel support services with Denmark-based Svitzer in line with its offshore liquified natural gas (LNG) terminal project in Batangas City. In a press release on Thursday, First Gen said Svitzer is providing four new build 75-ton bollard pull tug vessels, which will aid the operations of FGEN LNG Corp.’s floating storage regasification unit (FSRU) and L...

Southeast Asia Scrambles for LNG With Gas Fields Tapping Out - Philippines and Vietnam build intake terminals in preparation for first imports

Lopez-led First Gen Corporation recently said over that it plans to open the 1,200-megawatt (MW) Santa Maria natural gas power plant in Batangas either by..

May 26, 2021 11:40:am Summary Manila-listed First Gen last month signed a five-year deal with BW Gas for the charter of BW Paris for its LNG import terminal in the Philippines. by: Shardul Sharma Floating storage regasification unit (FSRU) BW Paris, which has been chartered by Manila-listed First Gen Corp, can serve as a regional hub that can facilitate LNG use in the Philippines an... Posted in:

Published May 26, 2021, 2:38 PM FGP Corp., which is a subsidiary of Lopez-led First Gen Corporation, has inked a six-year US$308 million loan facility with four banks – the proceeds of which will primarily be allocated to refinance debts funneled to its 500-megawatt San Lorenzo gas fired power plant; while the rest will be earmarked for expansion projects. First Gen The lenders in the new loan deal are Bank of the Philippine Islands, BDO Unibank Inc., Philippine National Bank and foreign bank...