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First Gen Corporation
| First Gen Corporation (FGEN) was incorporated and registered with the Securities and Exchange Commission on December 22, 1998. FGEN and its subsidiaries are involved in the power generation business. FGEN is the largest clean and renewable Independent Power Producer in the Philippines, with a total installed capacity of 3,474.2 MW as of December 31, 2023. The Company owns power plants which utilize natural gas, geothermal, wind, hydro, and solar power, all of which are operational and majority-owned and controlled by FGEN through its subsidiaries. These subsidiaries include First Gas Power Corporation, FGP Corp., First Gen Hydro Power Corporation, First Gen Energy Solutions, Inc., First NatGas Power Corp., Prime Meridian Powergen Corporation, and FG Bukidnon Power Corporation. As of December 31, 2023, First Philippine Holdings Corporation (FPH) directly and indirectly owns 67.84% of the common stocks of FGEN; and 100% of FGEN's voting preferred shares. FPH is 55.55% owned by Lopez Holdings Corporation (LPZ). Majority of LPZ is owned by Lopez, Inc., which is the ultimate parent company of FGEN. Source: SEC Form 17-A (2023) |
| Sector | Industrial |
|---|---|
| Subsector | Electricity, Energy, Power & Water |
| Corporate Life | 50 |
| Incorporation Date | Dec 22, 1998 |
| Number of Directors | 9 |
| Stockholders' Meeting as per By-Laws | Per By-Laws: May - second Wednesday except holidays; For 2011: 11 May 2011, Record Date: 30 March 2011, Circ. No. 2609-2011 |
| Fiscal Year | 12/31 (Month/Day) |
| External Auditor | SyCip, Gorres, Velayo & Company |
| Transfer Agent | BDO Unibank, Inc. - Trust and Investments Group |
| Business Address | 6F Rockwell Business Center, Tower 3, Ortigas Avenue, Pasig City, 1604 |
|---|---|
| E-mail Address | [email protected] |
| Telephone Number | (632) 3449-6400 |
| Fax Number | (632) 8997-5624 |
| Website | http://www.firstgen.com.ph |
