First Gen Corp - Company Profile
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First Gen Corp (First Gen), a subsidiary of First Philippine Holding Corporation, is a vertically integrated power generation company. The company’s strong position in the Philippines market, technological innovation and diverse energy portfolio strengthened its operations, even as decline in financial performance can be a cause of concern. Nevertheless, increase in demand for electricity in the Philippines, growth initiatives, strategic partnerships could provide growth opportunities to First Gen. However, stringent regulatory obligations, operational issues and volatility in electricity prices can adversely affect the company’s operations in the long run.
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