Page 24 - First Gen News Today : Breaking News, Live Updates & Top Stories | Vimarsana

First Philippine Holdings Corp., the listed holding company of the Lopez Group, has earmarked P80 billion for capital expenditures this year to support the growth of its business units.

Last week Share prices fell last week, with the main index returning to the 6,500-point level, as profit-taking ensued during most of the sessions mainly due to the uncertain outcome of the United States’ debt ceiling issue. The benchmark Philippine Stock Exchange (PSE) index fell 2 percent or 134.35 points…

First Gen Corp.’s newest hydroelectric power asset is key to expanding the Lopez-led firm’s renewable energy (RE) portfolio, company officials said last week. Fresh River Lakes Corp. (FRLC), a subsidiary of First Gen, won in the recent competitive bidding of the 165-megawatt (MW) Casecnan Hydroelectric Power Plant (CHEPP). First Gen…

First Gen Corp. of the Lopez Group said Friday subsidiary Energy Development Corp. will no longer develop geothermal activities in

Energy Development Corp. the renewable energy subsidiary of First Gen Corp., is not pushing through with its plans for geothermal development in Peru.