About First Gen Corporation
First Gen Corporation, through its subsidiaries, engages in the power generation business in the Philippines. The company operates across multiple segments, specializing in natural gas, geothermal, hydroelectric, wind, and solar energy solutions.
Business Segments
- FGPC Segment: Operates a 1,000 MW combined-cycle, natural gas-fired Santa Rita power plant.
- FGP Segment: Manages a 500 MW combined-cycle, natural gas-fired San Lorenzo power plant.
- EDC & Subsidiaries: Holds service contracts for geothermal exploration and operates multiple geothermal power plants with a combined capacity of over 1,300 MW, along with wind and solar projects.
- FG Hydro Segment: Operates the 132.8 MW Pantabangan-Masiway hydroelectric plant.
- FNPC Segment: Owns and operates the 420 MW San Gabriel natural gas-fired power plant.
- Prime Meridian Segment: Manages the 97 MW Avion open-cycle natural gas-fired power plant.
Key Highlights
- Total Installed Capacity: 3,474.2 MW.
- Major Customers: Manila Electric Company, National Power Corporation, electric cooperatives, and other distribution utilities.
- Founded: 1993.
- Headquarters: Pasig, Philippines.
- Parent Company: First Philippine Holdings Corporation.