Nov 23, 2020

'No regrets' in ditching coal for clean energy, says First Gen CEO

MANILA - The Lopez Group has no misgivings about its decision to keep coal-fired power plants out of its portfolio, and instead invest in renewable energy, a scion of the Lopez family said on Monday. Federico ‘Piki’ Lopez, Chairman and CEO of First Philippine Holdings Corp (FPH) and First Gen admitted that shutting the door on coal power in 2016 meant walking away from an opportunity to make a profit, and this was not easy to explain to shareholders and analysts.
Nov 18, 2020

EDC tagged as one of Asia’s Top Sustainability Advocates

Its pursuit to produce 100% clean and renewable energy as it enhances the environment and empowers its stakeholders accorded Lopez-led geothermal power leader Energy Development Corporation (EDC), the honor of being Asia’s Top Sustainability Advocate in the recently concluded 2020 Asia Corporate Excellence & Sustainability (ACES) Awards.
Nov 14, 2020

First Gen makes headway in construction of vital LNG hub

First Gen group on Friday finally signed with McConnell Dowell (MCD) an engineering, procurement and construction (EPC)contract for a liquefied natural gas (LNG) terminal in Batangas province, which they expect to start buil­ding within this quarter.
Nov 09, 2020

EDC provides temporary power, aid to Super Typhoon Rolly-stricken areas in Bicol

Lopez-led geothermal leader Energy Development Corporation (EDC) has begun providing 20-40 megawatts (MW) of temporary power and food assistance to Albay and Sorsogon today as part of its aid to the Bicol region that was devastated by Super Typhoon Rolly on November 01.
Nov 02, 2020

EDC, ASUS team up to provide free laptops to SIKAT scholars

The current “new normal” brought about by the coronavirus disease (COVID-19) has shifted everyone’s life from face-to-face interaction to virtual events and interactions, including students who now need to do distance-learning for their education. To help its scholars adjust with the new normal of learning, Lopez-led geothermal leader Energy Development Corporation (EDC) tapped Taiwan-based multinational electronics and computer company ASUS to provide free laptops to its current 110 scholars.
Nov 02, 2020

First Gen plans LNG distribution expansion

Lopez-led First Gen Corp. is preparing a distribution plan to deliver liquefied natural gas (LNG) throughout the country ahead of the construction of its offshore terminal in Batangas.
Oct 30, 2020

First Gen unit eyes developing small-scale LNG solutions in PH

MANILA - First Gen Corp said Friday its wholly-owned subsidiary FGEN LNG Corp was eyeing the development of small-scale liquified natural gas (ssLNG) solutions at the First Philippine Industrial Park.
Oct 23, 2020

FIRST School innovates as it adapts to digital learning

With the COVID-19 pandemic changing the way we conduct our everyday lives and business, many people, businesses, and institutions had to adapt quickly. The First Industrial Science and Technology School (FIRST School) – a wholly-owned technical-vocational senior high school of First Philippine Holdings (FPH) – is no different. FIRST School quickly adopted new practices to help students and faculty cope with the shift to digital learning.
Oct 22, 2020

Rockwell Land to develop Pampanga mixed use project

MANILA, Philippines — Rockwell Land Corp., the Lopez-owned property developer, is hoping to take advantage of the booming economy of North Luzon with the development of a new mixed-use community in Pampanga.
Oct 21, 2020

First Gen asks 3 firms to submit bids for FSRU

FGEN LNG Corp. (FGEN LNG), a wholly owned subsidiary of First Gen Corp. (First Gen), has formally issued a request to tender for a Floating Storage and Regasification Unit (FSRU) to 3 interested bidders.
Oct 19, 2020

First Gen donates P33m to complete Pantabangan water supply

First Gen Hydro Power Corp. of the Lopez Group pledged P33 million in financial support to help the local government of Pantabangan in Nueva Ecija complete the town’s water supply and distribution system.
Oct 16, 2020

FPH group commitment to no coal pays off, attracts overseas investors for energy unit

When First Philippine Holdings Corporation (FPH) Chairman and CEO Federico Lopez declared in 2016 that his companies would not invest, develop, or manage any coal-fired power plants, many in the energy industry balked. Coal, after all, was generally considered the least expensive and most convenient way to meet the needs of a growing economy and for one of the largest power producers in the country, refusing to build coal plants was just leaving money on the table.
Oct 16, 2020

Asian Eye adapts to COVID-19, offers teleconsultation, online delivery options

Lopez-led Asian Eye Institute, the country’s eye care center with the widest network of eye clinics, has introduced alternative clinic procedures and services to safely continue serving eye patients who need urgent treatment, including surgical procedures, even in the midst of the pandemic.
Oct 13, 2020

FPH chair, clean energy champion Federico 'Piki' Lopez named MAP 'Management Man of the Year 2020'

MANILA - The Management Association of the Philippines has chosen Federico “Piki” Lopez, Chairman and CEO of First Philippine Holdings Corp, as the MAP Management Man of the Year 2020.
Oct 09, 2020

Jacobs Engineering donates $10,000 to KEITECH

Jacobs Engineering has donated USD10,000 to KEITECH Educational Foundation to help fund its student-trainees’ tuition and fees. KEITECH is a technical-vocational school established in 2009 by geothermal leader Energy Development Corporation (EDC) in partnership with the local government of Kananga in Leyte and the Technical Education and Skills Development Authority (TESDA). It aims to address the high poverty incidence and unemployment rate in the municipality by enabling qualified youth to acquire top skills that are locally and globally in-demand.
Oct 08, 2020

First Gen, Tokyo Gas to build offshore LNG import terminal

First Gen Corp. signed a deal with Tokyo Gas Co. Ltd. to push ahead with a joint project to develop a temporary offshore import terminal for liquefied natural gas (LNG) in Batangas City. It also picked an Australian engineering firm to build it.
Sep 26, 2020

First Gen gets permit to build LNG terminal in Batangas

Liquefied natural gas may be introduced into the Philippine market as early as the third quarter of 2022 as First Gen Corp. and its partners have secured from the Department of Energy a permit to build an LNG terminal in Batangas.
Sep 26, 2020

Rockwell Workspaces continues to innovate to fit the new normal

Rockwell Land, for example, has long initiated and rolled out new measures, even adopting the latest technologies in its office towers to comply with the new health protocols. Premium grade office spaces in 8 Rockwell in Makati, The Rockwell Business Center-Ortigas in Pasig, Santolan Town Plaza in San Juan, and The Rockwell Business Center-Sheridan in Mandaluyong all ensure that tenants and employees can function safely and efficiently.
Sep 24, 2020

First Gen employees hold hi-tech tree-planting, fund-raising activity

Employee volunteers from First Gen Corporation held a hi-tech and innovative tree-planting activity in the midst of the pandemic, and raised in the process thousands of pesos in donations for indigents in a Batangas town whose means of livelihood have been affected by the coronavirus.
Sep 09, 2020

FPIP opens Iconic Bridge

First Philippine Industrial Park (FPIP) held the soft opening of its Iconic Bridge last September 1. Adding aesthetic value to the park, the Iconic Bridge now connects FPIP II to the park’s newest facility expansion FPIP III cutting a significant amount of travel time between the two locations. With its unique design, the 55-meter-long bridge spanning over the San Juan River showcases a towering metal structure to be lit up with FPIP colors once completed.
Sep 08, 2020

EDC donates two PCR machines to enhance Negros Oriental’s COVID-19 resiliency

Energy Development Corporation (EDC) is taking a huge step to help Negros Oriental put up its own COVID-19 testing facility by donating about P8.5- million worth of equipment, including two state-of-the art Real Time Reverse Transcriptase-Polymerase Chain Reaction (RT-PCR) machines.
Aug 29, 2020

EDC expands BINHI greening legacy with ERDB

Over 10 years since its launch and successful implementation, Lopez-led geothermal leader Energy Development Corp. (EDC) is taking the next step to its greening legacy by partnering with the Ecosystems Research and Development Bureau (ERDB) of the Department of Environment and Natural Resources.
Aug 25, 2020

How transparency, communication make a difference

‘We need to give them the confidence that they can trust us more with their families and lives’—Rockwell
Aug 24, 2020

First Balfour makes significant progress in Cebu-Cordova Link Expressway (CCLEX) project

First Balfour, a member of the Cebu Link Joint Venture (CLJV) with Acciona S.A. and D.M. Consunji, Inc., makes significant progress in the construction of the Cebu-Cordova Link Expressway (CCLEX) project. The project, which aims to ease traffic congestion between Cebu and Mactan Island, is scheduled to be completed by 2021.
Aug 20, 2020

Interview: Low prices, flexible supply key to cracking Philippine LNG market: First Gen

Singapore — The Philippines' largest gas-fired power producer, First Gen Corp, plans to start limited construction at its Batangas LNG import facility in a couple of months, and bring in its floating storage regasification unit by 2022, Jon Russell, the company's executive vice president and chief commercial officer said in a recent interview.
Jul 13, 2020

Safe, secure lifestyle awaits in ‘beyond ordinary’ communities

Upscale property developer Rockwell Land was among those who had been quick on its feet, having rolled out new programs since the beginning of the pandemic early this year. Because it had communities to protect and service, the company has since been on its toes to find urgent solutions for every concern it had to face especially as lives were on the line.
Jul 09, 2020

Lopez Group donates tents, shower vans for stranded individuals at NAIA

The Lopez Group on Thursday donated 2 container vans with shower facilities for stranded passengers at the Ninoy Aquino International Airport Terminal 3 in City.
Jun 29, 2020

KKR Acquires Stake in First Gen through Voluntary Tender Offer

Global investment firm KKR today announced that, following the completion of the voluntary tender offer period by Valorous Asia Holdings (the “Offeror”), an entity owned by KKR investment funds, the Offeror has accepted all of the 427,041,291 common shares of First Gen Corporation (PSE: FGEN) (First Gen) that were tendered by shareholders at the close of the tender offer, representing approximately 11.9% of First Gen’s outstanding common shares.
Jun 16, 2020

Philippine General Hospital boosts COVID-19 testing capacity through Lopez Group donation

Philippine General Hospital boosts COVID-19 testing capacity through Lopez Group donation of new COVID-19 testing machines. The increased testing capacity also helps the hospital test its frontline health workers.
Jun 15, 2020

Notice on Fake Job Postings

In light of recent instances of false solicitations for employment on social media, we would like to inform the public that all job vacancies for First Philippine Holdings (FPH) are only posted through our official pages and accounts. FPH has never and will never require any form of payment for processing job applications.
May 30, 2020

Lopez firms among top taxpayers in 2019

Four Lopez-owned power companies have made it to the Department of Finance’s list of top 100 taxpayers last year.
May 29, 2020

PARTLY FALSE: First Philippine Holdings 'made P24.6B profit, but only paid P10M income tax'

The P10 million that First Philippine Holdings Corporation paid in income tax is part of a total of P5.175 billion in income taxes that the company and its subsidiaries paid in 2019
May 28, 2020

PGH accepts Lopez Group offer to expand hospital’s COVID-19 testing capacity

MANILA, Philippines – The Philippine General Hospital (PGH) has accepted an offer from the Lopez Group to help the state university hospital increase 10 times its capability to test for the virus SARS-CoV-2, the causative agent of the dreaded coronavirus disease (COVID-19).
May 27, 2020

FPH Group's reply to Money-Go-Round article

Read the FPH Group's reply to Philippine Star’s Money-Go-Round article that came out last May 19, 2020
May 15, 2020

EDC completes population survey of 35 native threatened tree species under DENR’s Adopt-a-Wildlife species program

Lopez-led geothermal leader Energy Development Corporation (EDC) has successfully completed its population survey of 35 threatened native species of trees under its BINHI program.
Apr 22, 2020

Our Chairman's Message for Earth Day 2020

Our Chairman Federico R. Lopez was one of the leading environmental advocates featured in a series of Earth Day videos posted by Earth Day Network Philippines.
Apr 21, 2020

COVID-19 facility funded by FPH now ready for patients: DOTr

Transportation Secretary Arthur Tugade and Defense Secretary Delfin Lorenzana on Tuesday opened the COVID-19 quarantine facility at Pier 15 in Manila, built through a P100-million donation from the Lopez Group of Companies.
Apr 20, 2020

With FPH support, Chavit Singson offers free use of MetroTent as 2nd home for The Medical City employees

Narvacan, Ilocos Sur Mayor Luis “Chavit” Singson announced Monday, 20 April 2020, the completion of a joint project with the Lopez Group and The Medical City (TMC) to retrofit Singson’s MetroTent Convention Center in Pasig City into a temporary home for TMC employees fighting the spread of Covid-19.
Apr 10, 2020

FPH donates P100M to DOTr’s COVID-19 response efforts

The Department of Transportation (DOTr) said Friday it received a P100 million donation from the Lopez Group of Companies to boost its coronavirus disease 2019 (COVID-19) response efforts.
Apr 06, 2020

FPIP, 2 Batangas hospitals offer Covid-19 frontliners free ride

The management of Lopez-led First Philippine Industrial Park, the developer and operator of the industrial park in Batangas has teamed up with two leading hospitals in Tanauan and Santo Tomas to provide free shuttle service to medical workers and other frontliners battling the COVID-19 pandemic.
Mar 23, 2020

FPH pledges ₱100-M COVID-19 aid

The First Philippine Holdings Corporation of the Lopez group will earmark ₱100 million as financial support to poor families being displaced in their work and livelihood due to the tragic hit of the novel coronavirus.
Mar 20, 2020

First Gen ESG rating gets an upgrade from MSCI

First Gen Corporation, the country’s largest clean and renewable energy producer, has earned an improvement in its environmental, social and corporate governance (ESG) rating from a US-based global finance company that regularly measures the resilience to ESG risks of companies all over the world.
Feb 29, 2020

EDC to expand capacity of geothermal plants

Lopez group-owned Energy Development Corp. (EDC) is looking to establish binary plants at its existing geothermal facilities in the country by the end of this year to boost its power-generation capacity.
Feb 12, 2020

First Gen board approves capital hike to P13.2 billion

First Gen Corp. said on Tuesday that its board of directors had approved the increase in its authorized capital stock to P13.2 billion from P11.6 billion by creating redeemable preferred shares.
Feb 11, 2020

EDC and UP-IB Release Wildlife Treasures

“No kind is left behind in EDC’s mission to build a clean energy future. EDC powers and protects people and planet, striking the right balance between energy, biodiversity, and community.”
Jan 27, 2020

First Gen to build 120-MW pumped-storage plant

First Gen Corp. has been awarded a hydroelectric power service contract by the Energy department to develop a 120-megawatt (MW) pumped-storage hydroelectric facility in Aya, Pantabangan in Nueva Ecija province, the Lopez-led listed company said over the weekend.
Jan 22, 2020

First Philippine Industrial Park briefs locators on Taal activity and emergency preparedness

Last January 17, First Philippine Industrial Park (FPIP) held a briefing for its 135 locators on the activities of the Taal volcano and on disaster preparedness.
Jan 14, 2020

First Gen says Batangas plants continue to operate despite Taal eruption

First Gen Corp said its power plants in Batangas province remained operational despite the eruption of Taal Volcano.
Dec 18, 2019

Asian Eye Institute, Sky give Luzon students the gift of clear vision

Asian Eye Institute and SKY partnered to provide students with free eye checkups and prescription glasses through the Kislap Mata: Malinaw na Mata, Malinaw na Kinabukasan project. Students were also taught the importance of having healthy vision and having good eye care habits,so they can perform well in school, sports and in socializing among their peers.
Dec 17, 2019

EDC one of top-performing PH companies in human rights disclosure

Energy Development Corporation (EDC), a subsidiary of First Gen Corporation, is taking the lead in aligning its human rights disclosures with the United Nations Guiding Principles (UNGP) on Business and Human Rights (BHR)
Dec 16, 2019

EDC keeps top rating for P7-B bonds

Energy Development Corp. (EDC) was again given the top credit rating by local debt watcher Philippine Rating Services Corp. (PhilRatings) for its P7-billion outstanding bonds.
Dec 02, 2019

First Gen San Gabriel power plant to join CSP for Meralco

In the greenfield-brownfield battle royale on the forthcoming competitive selection process (CSP) of the Manila Electric Company (Meralco), the 414-megawatt San Gabriel combined cycle gas-fired power plant of First Gen Corporation is being lined up to join the auction process.
Nov 25, 2019

Lopez-led First Gen allots $300M for planned FSRU

FIRST GEN Corp. has placed the capital expenditure for its proposed floating storage regasification unit (FSRU) at $300 million, or a fraction of its budget for the construction of a liquefied natural gas (LNG) import terminal, its president said.
Nov 15, 2019

First Gen income up 46% to $220 million

MANILA, Philippines — Lopez-led First Gen Corp. reported a 46 percent jump in its net income in the first nine months of 2019, driven by higher electricity sales from its clean fuel platforms.
Oct 21, 2019

First Gen holds tree planting in Masungi Georeserve area

Employees of Lopez-led First Gen Corp. recently conducted a tree planting at the Masungi Georeserve in Baras, Rizal, as part of efforts to rehabilate the reservation area.
Sep 07, 2019

The Fifth at Rockwell Takes Your Celebration to the Next Level

Expect a barrage of parties, reunions, and celebrations on your way now that the holiday season is coming. After all, the last quarter of the year really brings out everyone’s festive side.
May 30, 2019

Rockwell unveils high-end project in Laguna

Lopez-led property developer Rockwell Land is set to unveil in Canlubang, Laguna, its first high-end subdivision development and also foray into Bacolod’s residential condominium market as part of P12.7 billion worth of new residential inventory to be launched this year.