First Philippine Holdings Corporation (First Holdings) is a holding company whose core businesses are in power generation and distribution, with strategic initiatives in manufacturing, property and infrastructure.
Since its inception in 1961, First Holdings has served as the leading private sector holding company in the development of the country’s utilities and infrastructure. Its power generation subsidiary, First Gen Corporation, is now the largest vertically-integrated power generation company in the Philippines with an installed capacity of 2,887 megawatts, accounting for approximately 19% of total installed capacity in the country today. Its power distribution associate, Manila Electric Company, has a franchise area producing 50 percent of the country’s gross domestic product and servicing 60% (about 4.6 million customers) of the electricity nationwide. First Holdings continues to grow its manufacturing businesses through First Philippine Electric Corporation (First Philec). First Philec's Electricals Division support electric utilities, while its Electronics Division continues to provide export revenues and much-needed employment to Filipinos, and breaks new ground with the First Philec Solar Corp. (FPSC), a joint venture with SunPower Corp. in the growing solar energy industry. First Holdings' property businesses also continue lead and innovate. First Philippine Industrial Park is the leading industrial park in the country while Rockwell Land Corporation is the first in the country to develop a complete, high-end, inner-city community.
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