News Releases from May, 2015
May 19, 2015
Higher earnings posted by its geothermal assets and cash stream from new capacities have propped the net income of Lopez-owned First Gen Corporation by 17 percent to USD50.5 million in the first quarter from last year’s USD42.9 million.
May 18, 2015
First Gen Corp., the Lopez-owned power producer, will continue to build its portfolio of hydropower alongside the growth of its natural gas, geothermal and solar capacities.
May 14, 2015
Members of the board of First Gen Corporation, led by Chairman and CEO Federico R. Lopez (4th from left), pose for a group photo right after they were reelected by stockholders during the company’s annual stockholders’ meeting on May 13, 2015. Also reelected are (from left): Jaime I. Ayala; Richard B. Tantoco; President and COO Francis Giles B. Puno; Chairman and CEO Federico R. Lopez; Elpidio L. Ibanez; Peter D. Garrucho and Tony Tan Caktiong. Eugenio Lopez III (not in photo) was likewise reelected. First Gen is the country’s leading clean and renewable energy company with 2,942 megawatts in installed capacity, as of Dec. 31, 2014.