The Cebu-Cordova Link Expressway (CCLEX) continues to reap awards both locally and internationally with its most recent win as the overall winner and bridge category winner at the 4th Philippine Excellence in Concrete Construction Awards (PECCA) held in Clark, Pampanga, on April 4, 2024.
First Gen Corporation reported a 4% increase in attributable recurring net income for 2023 at $277 million (P15.4 billion) in comparison to $265 million (P14.3 billion) in 2022.
Consolidated net income attributable to First Philippine Holdings Corporation (FPH) for the year ended Dec. 31, 2023 grew by P2.4 billion or 19%, from P12.7 billion in 2022 to P15.1 billion, driven by the stronger operating results of the FPH Group’s power generation and real estate segments.
First Gen Corporation concluded its international tender for a liquefied natural gas (LNG) cargo by awarding a contract to CNOOC Gas and Power Trading & Marketing Limited. CNOOC will supply one LNG cargo of approximately 130,000 m3 with delivery in May 2024 on a delivered ex ship or DES basis to First Gen’s wholly-owned subsidiary, First Gen Singapore Pte. Ltd.
Energy Development Corporation (EDC) took home three wins at the 20th Philippine Quill Awards, reaffirming the company’s commitment to excellence in communicating and implementing programs that create a positive impact on the environment and on its communities.