First Gen Corporation (First Gen) is a leading independent power producer in the Philippines that primarily utilizes clean and indigenous fuels such as natural gas, geothermal energy from steam, hydro-electric, wind, and solar power. The company has 3,489 MW of installed capacity in its portfolio, powering 21.4% of the country’s gross generation.
First Gen is a natural gas pioneer and owns four out of the five natural gas-fired power plants in the country. These are the 1500-MW Sta. Rita and San Lorenzo plants, the 97-MW Avion and the 414-MW San Gabriel power plant. Avion will be the first power plant in the Philippines to run on aero-derivative gas turbines while the San Gabriel plant is expected to be the most efficient natural gas-fired plant in Southeast Asia. First Gen also has the largest portfolio of power plants that use clean, renewable and indigenous fuels. The plants are present in all three grids of the Philippines, and can serve the baseload, mid-merit and peaking market segments.
“Going forward, we continue to keep our eye on remaining relevant, effective, pioneering, and smart about the choices we make in moving towards a decarbonized world… First Gen continues to care about the world we live in, and we will continue to dare to make positive contributions.”
– President and Chief Operating Officer, Francis Giles B. Puno
First Gen desires to enhance its position as the leading world-class Filipino energy company. First Gen aims to deliver cost-effective and reliable energy services to customers. First Gen will rise to the challenges of world-class competition.
To Be The Preferred Provider:
We are committed to be the preferred provider of energy services. In performing our role as the preferred provider, we will acquire, develop, finance, operate, and maintain our investments with the single-minded focus on delivering superior services to our customers.
To Be The Preferred Employer:
We are a company of talented, dynamic, highly motivated, and fun-loving individuals. We provide a work environment that encourages innovative and entrepreneurial employees to build our business. We retain and attract talent by offering competitive benefits and compensation packages as well as professional development.
To Be The Preferred Investment:
We strive to grow the business and enhance shareholder value by proactively pursuing opportunities and subjecting these to a diligent analysis of risks and rewards. We remain focused on our core power generation business while developing and seeking other viable energy-related business opportunities. We value our relationships with our investors and partners, and demonstrate this through good governance, transparency and professionalism.
To Be The Preferred Partner:
We aim to be the preferred partner in nation-building and community development. We are committed to the fulfilment of our social, ethical, environmental, and economic responsibilities.
Lopez Credo and Values
We, as employees of the Lopez group of companies, believe that our primary reason for being is to serve God and the Filipino people.
Thus, we shall always conduct ourselves in a manner that is mindful of the long-term mutual benefit of the Lopez Group, and the various publics we serve. We will be responsible stewards of all our resources, and conscious of our obligation to present and future generations.
Since 1928, and in the years and generations to follow, our commitment to the distinctive Lopez values will not change as we remain committed to serve our stakeholders.
In our service to the Filipino people, we will be guided by the following distinct Lopez values:
- A PIONEERING ENTREPRENEURIAL SPIRIT,
- BUSINESS EXCELLENCE,
- SOCIAL JUSTICE,
- EMPLOYEE WELFARE, AND
We know from generations of experience that it is by living according to these values that a company can be built to last.
THIS IS HOW WE ARE MAKING A DIFFERENCE
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