Incorporated on December 22, 1998, First Gen Corporation (FGEN) and its subsidiaries are involved in the power business. FGEN is a Filipino-owned and controlled independent power producer (IPP) in the Philippines. All of the Company's power generation plants are operational, except for the Bauang plant, and are majority-owned and controlled by FGEN through its subsidiaries.
The different companies under FGEN consist of First Gas Holdings Corporation, Unified Holdings Corporation, First Gen Renewables, Inc., Prime Terracota Holdings Corporation, First Gen Hydro Power Corporation and First Private Power Corporation. Among the power plants operated by the Company include the 1,000-megawatt (MW) Santa Rita power plant, the 500-MW San Lorenzo power plant, and the 112-MW Pantabangan-Masiway hydroelectric plant.
As of March 16, 2011, First Philippine Holdings Corporation directly and indirectly owns 66.2% of the common shares of First Gen and 100% of First Gen's voting preferred shares. FPHC is the ultimate parent company of First Gen.
Headquarters/Main Business Address:
3/F Benpres Bldg., Exchange Road Ortigas Center Pasig City 1600
Telephone Number: 449-6400
Fax No.: 910-4846
Email Address: info@firstgen.com.ph
Company Website: www.firstgen.com.ph - https://www.affordablecebu.com/
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"First Gen Corporation Company Profile" was written by Mary under the Business category. It has been read 2459 times and generated 1 comments. The article was created on 14 March 2012 and updated on 14 March 2012.
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