stockbayan

May 6, 2026

Press Release

First Gen Corporation Reports Q1 2026 Financial Results with Php3.6 Billion Attributable Net Income

First Gen Corporation reported a 24% decrease in attributable net income to Php3.6 billion for Q1 2026, primarily due to a 60% stake sale in its natural gas portfolio. However, the company experienced a 32% increase in revenues, reaching Php15.3 billion, driven by improved performance in its geothermal and renewable energy segments.

⚪ High Impact

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FGEN

First Gen Corporation

Apr 17, 2026

Press Release

First Gen Corporation Secures PHP24.75 Billion in SBLCs for 33% Stake in Prime Hydropower Energy, Inc.

First Gen Corporation has received Standby Letters of Credit (SBLCs) totaling PHP24.75 billion from BDO Unibank to support its acquisition of a 33% stake in Prime Hydropower Energy, Inc. This acquisition is significant as it involves substantial investments in hydroelectric projects, highlighting First Gen's commitment to expanding its renewable energy portfolio.

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FG

FGEN

First Gen Corporation

Mar 25, 2026

Press Release

First Gen Corporation Reports Higher Recurring Net Income for 2025

First Gen Corporation announced an 8% increase in attributable recurring net income for 2025, reaching US$264 million (Php 15.2 billion). The growth was driven by higher earnings from its hydro portfolio, despite challenges faced by its geothermal subsidiary.

🟢 High Impact

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