First Gen Corp - Company Profile
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First Gen Corp (First Gen), a subsidiary of First Philippine Holding Corp, is primarily involved in the production and distribution of electric power. The company's main activities encompass power generation, power distribution, infrastructure, manufacturing, and property development. First Gen operates power generation plants, predominantly contracted for sale under long-term power purchase agreements or other energy sales agreements. The company's portfolio includes natural gas-fired power plants, hydroelectric power plants, and geothermal power plants. It serves a wide range of customers across various industries in the Philippines, providing electricity generated from diverse energy sources such as natural gas, hydro, geothermal steam, wind, and solar. The company, along with its subsidiaries, owns and operates these power generation facilities. First Gen is headquartered in Pasig, Philippines.
First Gen Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Power | Construction Services |
| Steam | Drilling Operations |
| Ancillary Services | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Plans/Strategy | In February, the company announced its plans to acquire a 40% stake in the pumped storage hydropower (PSH) portfolio from Prime Infrastructure Capital Inc. for P75 billion. |
| 2026 | Contracts/Agreements | In February, the company signed a partnership with Eastern Communications Philippines Inc to power the former’s headquarters and technical operation centers with renewable energy. |
| 2026 | Contracts/Agreements | In February, the company and Lyceum of the Philippines University has signed a new contract to supply clean power to its satellite campuses in Batangas and Laguna. |
Competitor Comparison
| Key Parameters | First Gen Corp | San Miguel Corp | Ayala Corp | Aboitiz Power Corp | Semirara Mining and Power Corp |
|---|---|---|---|---|---|
| Headquarters | Philippines | Philippines | Philippines | Philippines | Philippines |
| City | Pasig | Mandaluyong | Makati | Manila | Makati |
| State/Province | - | Metro manila | Manila | Manila | Metro manila |
| No. of Employees | 2,198 | 56,622 | 64,000 | 4,678 | 4,119 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Federico R. Lopez | Chief Executive Officer; Chairman | Executive Board | - | 65 |
| Francis Giles B. Puno | Chief Operating Officer; President; Vice Chairman | Executive Board | 2024 | 62 |
| Emmanuel Antonio P. Singson | Chief Financial Officer; Executive Vice President; Treasurer | Senior Management | 2011 | - |
| Renato A. Castillo | Senior Vice President; Chief Risk Officer | Senior Management | - | - |
| Reman A. Chua | Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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