Sunday, 01 February 2026, 6:19 pm

    Tag: First Gen

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    First Gen eyes closing P50B deal with Prime Infra in 3 Months

    First Gen Corp., the power generation arm of the Lopez Group, said it expects to finalize within two to three months a deal to sell a 60 percent stake in its natural gas business to Prime Infrastructure Capital Inc., owned by billionaire Enrique Razon Jr.

    First Gen reports 12% drop in 2024 net income to USD245M

    First Gen Corporation, the Lopez Group’s clean and renewable energy provider, reported a 12 percent decline in attributable recurring net income for 2024, amounting to USD245 million (P14.0 billion), compared to USD277 million (P15.4 billion) in 2023. 

    Monthly public ownership reports required of dozen PSE-listed firms

    A little over a dozen companies listed on the Philippine Stock Exchange (PSE), including those owned by prominent families, are now required to submit monthly public ownership reports (POR)—an early-warning system established by the bourse to monitor firms teetering close to the minimum ownership threshold.

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    Sugar industry urges government to regulate artificial sweeteners

    The country’s sugar industry has submitted a unified manifesto to the Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA), calling for tighter regulation of artificial sweeteners and other sugar substitutes.

    DOE fast-tracks net metering with strict permit deadlines to accelerate solar adoption

    The Department of Energy (DOE) is pushing a major acceleration of the country’s net-metering program by enforcing strict, time-bound permit processing across local governments—an overhaul the agency said will significantly speed up solar installations for households and businesses.

    Danao commissary set benchmark for renewable-powered food manufacturing

    The Jollibee Group is highlighting its Danao Commissary in Cebu as a showcase of how sustainability can be built into manufacturing and logistics from the very beginning, rather than added as an afterthought.

    P300M budget eyed to clear runway obstruction at Bicol airport

    Transportation Secretary Giovanni Lopez has directed the Civil Aviation Authority of the Philippines (CAAP) to set aside P200 million to P300 million to relocate National Grid Corporation of the Philippines (NGCP) transmission lines that are preventing full use of the Bicol International Airport (BIA) runway.

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