Page 38 - First Gen News Today

First Gen earlier this month awarded BW Gas a five-year charter contract for its BW Paris FSRU for the LNG project on the island of Luzon, with imports scheduled to start as early as the third quarter of 2022. First Gen’s LNG import project will help meet the power demands of 4.5 million homes by supplying volumes to existing gas-fired power plants, which in 2019 were responsible for delivering 13,876 gigawatt hours into the Luzon grid. "Wherever you are in the world, access to a stable and r...

NEW YORK--(BUSINESS WIRE)--Apr 12, 2021-- KKR, a leading global investment firm, today announced three appointments to the firm’s Global Infrastructure team. Energy transition industry veterans Tim Short and Benoit Allehaut joined the firm as Managing Directors and Benjamin Droz as a Principal. Based in New York, Messrs. Short, Allehaut and Droz will focus on sourcing renewable energy and energy transition investments in North America. “KKR is committed to investing in the energy tran...

BusinessWorld April 8, 2021 | 12:07 am FIRST GEN Corp. said on Wednesday that its subsidiary Energy Development Corp. (EDC) plans to complete two of its geothermal projects by 2022, as the parent firm expressed its intention to expand into businesses that complement its power generation operations. In its annual report, First Gen said that EDC is expecting to begin the construction of its 3.6-megawatt (MW) Mindanao 3 binary plant by the first quarter this year, and complete the ...

April 8, 2021 | 12:07 am Font Size FIRSTGEN.COM.PH/ FIRST GEN Corp. said on Wednesday that its subsidiary Energy Development Corp. (EDC) plans to complete two of its geothermal projects by 2022, as the parent firm expressed its intention to expand into businesses that complement its power generation operations. In its annual report, First Gen said that EDC is expecting to begin the construction of its 3.6-megawatt (MW) Mindanao 3 binary plant by the first quarter this year, and complet...

Transformers Kingdom Titan Class Ark, Leader Class Galvatron, Deluxe Class Scorponok Revealed Wednesday, April 7th, 2021 1:24pm CDT Greetings Seibertronians! Thanks to fellow Seibertron users, Aronjlove, Mindmaster, Transformers_va and Sentinel_Primal, weve learned that IGN have given us a preview of this Hasbro Pulse Fan Fest on Friday April 9th, 2021, by showing off three brand new Transformers Kingdom figures, Leader Class Galvatron, the Mammoth Titan Class Ark and Deluxe Class Scorponok!...

KKR closes fourth Asia buyout fund at record $15b REUTERS/Brendan McDermid April 6, 2021 Private equity giant KKR & Co announced that it had closed its fourth Asia-focused buyout fund at $15 billion, the largest PE fund dedicated to investing in the Asia Pacific region. KKR Asian Fund IV exceeded its $12.5-billion target and also surpassed the record $10.6 billion raised by Hillhouse Capital Group for Asia in 2018. KKR said it will be investing approximately $1.3 billion in capital alongside fu...

BW wins FSRU deal for Philippines’ maiden LNG imports First Gen has awarded a five-year deal that will see Norway’s BW Gas Limited supply a floating storage regasification unit (FSRU) to support its Interim Offshore LNG Terminal project in the Philippines. Updated: 06/04/2021, 4:46 am © Shutterstock / ronaldbuday The Philippines flag Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to ou...

Published April 5, 2021, 6:00 AM The local stock market is seen to continue falling as COVID-19 cases in the Philippines remain on the uptrend while investors see the CREATE Law as not enough to help listed firms hurdle their pandemic-related problems. “Next week, we still see a downward bias for the local market as our COVID-19 situation continues to worsen. The continuous surge in our COVID-19 case count is seen to weigh on the market due to its negative impact on consumer and business conf...

ENERGY EXPLORED: SUBSCRIBE TO ACCELERATE Gain valuable insight into the global oil and gas industrys energy transition from An FSRU is a vessel capable of storing LNG and which has an onboard regasification plant that can supply gaseous volumes directly into a gas distribution network. A typical FSRU has storage capacity of between 125,000 and 170,000 cubic metres. The BW Paris will allow FGEN to import LNG into the Philippines as early as the third quarter of 2022 to serve the natural gas req...

Published April 5, 2021, 2:36 PM Lopez-led First Gen Corporation has selected Norwegian firm BW Gas Limited for its five-year time chartering of floating storage regasification unit (FSRU) relative to the liquefied natural gas (LNG) import facility that it will be setting up at its Clean Energy Complex in Batangas. In a disclosure to the Philippine Stock Exchange, First Gen stated that “the FSRU to be provided – the BW Paris – has LNG storage capacity of 162,400 m3 and a nominal and peak ...