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First Gen Renewables Inc. (Philippines)

Main Activities: Natural Gas Extraction | Electric Power Generation, Transmission and Distribution
Full name: First Gen Renewables Inc. Profile Updated: March 03, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

First Gen Renewables Inc. is a Philippines-based power generation company and a core subsidiary of First Gen Corporation (First Gen), one of the country's largest producers of clean and renewable energy. The company operates a diversified portfolio of power plants utilising natural gas, geothermal, wind, hydro, and solar energy sources, contributing to a total installed capacity exceeding 3,600 MW across Luzon, Visayas, and Mindanao. First Gen's renewable energy operations are anchored by its geothermal assets through Energy Development Corporation (EDC), the world's largest vertically integrated geothermal producer, as well as hydroelectric projects and wind and solar initiatives. It supplies electricity under power purchase agreements and market contracts to utilities, cooperatives, industrial clients, and commercial customers, while driving the transition to decarbonised energy. First Gen's strategic focus emphasises expansion of low-carbon capacity, investments in renewable technologies, decarbonisation partnerships with major industrial users, and support for national energy security and sustainability goals.

Headquarters
6Th Flr Rockwell Business Center Tower 3, Ortigas Avenue 1604
Pasig City;

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Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
November 29, 1978
Key Executives
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Vice President
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Vice President
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Director
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Director
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Director
Ownership Details
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
-19.79%
Total Operating Revenue
-19.79%
Operating Profit
-19.79%
EBITDA
-19.79%
Net Profit/Loss for the Period
-19.76%
Total Assets
4.4%
Total Equity
4.36%
Operating Profit Margin
-0.01%
Net Profit Margin
0.04%
Return on Equity (ROE)
-12.85%
Quick Ratio
17199.56%
Cash Ratio
-0.03%

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