LOPEZ-LED Energy Development Corp. (EDC) said on Thursday it may register flat earnings this year, mainly as a result of the unplanned outage of Unit 2 of the Tongonan geothermal plant. Read more here.
THE two new gas-fired power plant of First Gen Corp. are expected to contribute up to $30 million (about P1.38 billion at P46:$1) in the Lopez-led firm’s net earnings this year. Read more here.
LOPEZ-LED First Gen Corp. is spending about $470 million on hydropower projects over a three-year period to further diversify its clean energy portfolio, which is currently dominated by natural gas-fired power plants. Read more here.
Lopez-led First Gen Corp. expects a positive boost this year coming from the start of operations of its two new natural gas-fired power plants in Batangas, the 97MW Avion and the 414MW San Gabriel plants, company officials said yesterday. Read more here.
Read the speech delivered by Federico Lopez during a breakout session of Al Gore’s Climate Reality Leadership Corps Training at Sofitel Philippine Plaza Manila in March. Lopez is the chair and CEO of First Philippine Holdings Group.