First Gen doubles capex budget after Casecnan hydro win
MANILA -The Lopez family’s power company, First Gen Corp., will be doubling its earmarked capital expenditure this year to $1.1 billion to accelerate its clean energy expansion plans—including a liquefied natural gas (LNG) terminal—and after emerging as the winning bidder for the 165-megawatt (MW) Casecnan hydroelectric power plant. First Gen chief financial officer Emmanuel Singson … Continue reading First Gen doubles capex budget after Casecnan hydro win
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