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                    [ArticleID] => 670391
                    [Title] => First Gen posts strong performance in 2010
                    [Summary] => 
The strong performance of its renewable energy subsidiaries pushed the income of the First Gen Corp. by 27 percent to $121 million in 2010 from $95 million in 2009.
                    [DatePublished] => 2011-03-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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            [1] => Array
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                    [ArticleID] => 601781
                    [Title] => First Gen profit up 158% to $50 million
                    [Summary] => 
First Gen Corp., the power generation unit of the Lopez group, reported yesterday a 158- percent increase in its net income to $50 million in the first semester of 2010, from $19.4 million in the same period in 2009.
                    [DatePublished] => 2010-08-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 544036
                    [Title] => First Gen pays off debts with stock rights proceeds
                    [Summary] => 
Lopez-owned First Gen Corp. has used up over half, or P7.87 billion, of the P14.9-billion proceeds from its rights offering to pay off debts.
                    [DatePublished] => 2010-01-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [URL] => 
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                    [ArticleID] => 517486
                    [Title] => First Generation defers sale of Red Vulcan stake
                    [Summary] => 
First Generation Corp., a Lopez-owned energy investment company, has deferred the sale of a 40-percent stake in geothermal firm Red Vulcan Holdings Corp., a ranking company official said.
                    [DatePublished] => 2009-10-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [URL] => 
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                    [ArticleID] => 496575
                    [Title] => First Gen to use P5.3-billion First Holdings infusion to trim debt
                    [Summary] => 
First Gen Corp., the power generation arm of the Lopezes, is planning to use the P5.3 billion infusion from its mother firm, First Philippine Holdings Corp. (FPHC), to trim down its debt.
                    [DatePublished] => 2009-08-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 467003
                    [Title] => First Gen set to complete P13.8-billion refinancing plan
                    [Summary] => 
MANILA, Philippines – Lopez-owned power firm First Gen Corp. said yesterday it expects to complete the refinancing of its P13.8 billion loan this month.
                    [DatePublished] => 2009-05-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 446496
                    [Title] => Philratings cuts First Gen's rating
                    [Summary] => 
MANILA, Philippines - Domestic credit rating services company Philratings Inc. has revised downward its rating on First Gen Corp.’s outstanding P5-billion bond issue to PRS A plus.
                    [DatePublished] => 2009-03-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 422791
                    [Title] => Benpres acquires Red Vulcan's loans
                    [Summary] => 
Benpres Holdings Corp. has acquired a portion of Red Vulcan Holdings Corp.’s loans using proceeds from the sale of its stake in First Philippine Infrastructure Inc., the government’s private sector partner in the Manila North Tollways Corp.
                    [DatePublished] => 2008-12-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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                    [ArticleID] => 409217
                    [Title] => First Gen sells 40% stake in Red Vulcan to Marubeni
                    [Summary] => Lopez-owned power producer First Gen Corp. has agreed to sell up to 40 percent of its stake in Red Vulcan Holdings Corp., ...
                    [DatePublished] => 2008-10-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 59695
                    [Title] => First Gen confident of selling shares in Red Vulcan in Q3
                    [Summary] => 
            
                    [DatePublished] => 2008-05-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [URL] => 
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RED VULCAN

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                    [ArticleID] => 670391
                    [Title] => First Gen posts strong performance in 2010
                    [Summary] => 
The strong performance of its renewable energy subsidiaries pushed the income of the First Gen Corp. by 27 percent to $121 million in 2010 from $95 million in 2009.
                    [DatePublished] => 2011-03-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 601781
                    [Title] => First Gen profit up 158% to $50 million
                    [Summary] => 
First Gen Corp., the power generation unit of the Lopez group, reported yesterday a 158- percent increase in its net income to $50 million in the first semester of 2010, from $19.4 million in the same period in 2009.
                    [DatePublished] => 2010-08-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 544036
                    [Title] => First Gen pays off debts with stock rights proceeds
                    [Summary] => 
Lopez-owned First Gen Corp. has used up over half, or P7.87 billion, of the P14.9-billion proceeds from its rights offering to pay off debts.
                    [DatePublished] => 2010-01-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 517486
                    [Title] => First Generation defers sale of Red Vulcan stake
                    [Summary] => 
First Generation Corp., a Lopez-owned energy investment company, has deferred the sale of a 40-percent stake in geothermal firm Red Vulcan Holdings Corp., a ranking company official said.
                    [DatePublished] => 2009-10-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 496575
                    [Title] => First Gen to use P5.3-billion First Holdings infusion to trim debt
                    [Summary] => 
First Gen Corp., the power generation arm of the Lopezes, is planning to use the P5.3 billion infusion from its mother firm, First Philippine Holdings Corp. (FPHC), to trim down its debt.
                    [DatePublished] => 2009-08-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 467003
                    [Title] => First Gen set to complete P13.8-billion refinancing plan
                    [Summary] => 
MANILA, Philippines – Lopez-owned power firm First Gen Corp. said yesterday it expects to complete the refinancing of its P13.8 billion loan this month.
                    [DatePublished] => 2009-05-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 446496
                    [Title] => Philratings cuts First Gen's rating
                    [Summary] => 
MANILA, Philippines - Domestic credit rating services company Philratings Inc. has revised downward its rating on First Gen Corp.’s outstanding P5-billion bond issue to PRS A plus.
                    [DatePublished] => 2009-03-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 422791
                    [Title] => Benpres acquires Red Vulcan's loans
                    [Summary] => 
Benpres Holdings Corp. has acquired a portion of Red Vulcan Holdings Corp.’s loans using proceeds from the sale of its stake in First Philippine Infrastructure Inc., the government’s private sector partner in the Manila North Tollways Corp.
                    [DatePublished] => 2008-12-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
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                    [ArticleID] => 409217
                    [Title] => First Gen sells 40% stake in Red Vulcan to Marubeni
                    [Summary] => Lopez-owned power producer First Gen Corp. has agreed to sell up to 40 percent of its stake in Red Vulcan Holdings Corp., ...
                    [DatePublished] => 2008-10-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
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                    [ArticleID] => 59695
                    [Title] => First Gen confident of selling shares in Red Vulcan in Q3
                    [Summary] => 
            
                    [DatePublished] => 2008-05-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest