First Gen Recorded Lower Profit in 2017

First Gen Corporation reported a flat return of earnings and lower profit during 2017 because of the fragile spot prices of the market and the damage to the company's hydroelectric and geothermal platforms which resulted from the major earthquake that occurred in Leyte.

First Gen Unit to Provide Natural Gas Supply to Meralco

A unit of First Gen Corporation has made an agreement with Meralco to supply baseload power from its power plant in San Gabriel, Batangas. First NatGas Power Corporation made a power supply agreement (PSA) with Meralco for the purchase and sale of roughly 414-megawatt baseload...

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