First Gen Corporation

First Gen is a leading independent power producer in the Philippines that primarily utilizes clean and indigenous fuels such as natural gas, geothermal energy from steam, hydro-electric, wind, and solar power. The Company has 3,495MW of installed capacity in its portfolio, which accounts for 19% of the country’s gross generation. 

See below for the Latest First Gen News, Analysis, Profit Results, Share Price Information, and Commentary. 

First Gen’s net income down 8% YoY to $194m in first 9 months

The result was due to lower earnings in natural gas.

First Gen’s net income down 8% YoY to $194m in first 9 months

The result was due to lower earnings in natural gas.

First Gen unveils LNG storage unit ‘BW Batangas’ in the Philippines

It will provide for the company’s gas-fired power plants. 

Philippines’ First Gen net income drops 13% in H1

This is despite a 21% growth in revenue. 

First Gen income slips to $78m in Q1 

The company linked this to a decline in its natural gas and geothermal platforms.

First Gen’s earnings flatten in 2021

The company earned US$252m in recurring net income during the year.