First Holdings, through First Gen Corporation, has investments in gas-fired, bunker-fired, hydroelectric and geothermal power generation plants. Geothermal: PNOC-EDC Gas: First Gas Holdings Corporation (Santa Rita) FGP. Corp. (San Lorenzo)
Hydro: FG Hydro Power Corporation (Pantabangan-Masiway) FG Bukidnon (Agusan mini-hydro)
Oil: Bauang Private Power Corporation (Bauang)
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