First Philippine Holdings Corporation

Last updated
First Philippine Holdings Corporation
Company type Public (PSE:  FPH)
Industry Power, manufacturing, property
FoundedJune 30, 1961
Headquarters Pasig, Philippines
Key people
Federico Rufino Lopez (Chairman and CEO)
Francis Giles B. Puno (President and COO)
RevenueDecrease2.svg PH₱107.28 billion (FY 2020)
Decrease2.svg PH₱25.69 billion (FY 2020)
Decrease2.svg PH₱20.80 billion (FY 2020)
Total assets Increase2.svg PH₱385.64 billion (FY 2020)
Total equity Increase2.svg PH₱188.99 billion (FY 2020)
Number of employees
86 [ citation needed ]
Subsidiaries Manila Electric Company

First Gen Corporation
First Philippine Electric Corporation
First Philippine Industrial Park

Rockwell Land Corporation
Website FPHC.com

First Philippine Holdings Corporation (FPH) is a management and investment company whose major business is power generation and distribution, including strategic initiatives in manufacturing and property development. FPH is a member of the Lopez Group of Companies.

Its power generation subsidiary, First Gen Corporation (First Gen), is a renewable energy producer, with power plants that use geothermal, hydro, and natural gas for fuel. Today, it has a total installed capacity of 2,832.6 MW, or 18.2% of the country's total installed capacity. First Gen manages the world's second largest geothermal power producer, Energy Development Corporation, which searches for indigenous, low-carbon energy alternatives.

FPH's manufacturing subsidiary, First Philippine Electric Corporation (First Philec), operates the country's first large-scale silicon wafer-slicing facility called First Philec Solar Corporation (FPSC), which supplies some of the world's photovoltaic companies. FPSC is a joint venture of First Philec and SunPower Corporation, in the solar industry.

First Holdings has strategic investments in property through Rockwell Land Corporation and First Philippine Industrial Park. The project is a joint venture with Sumitomo Corporation. [1]

FPH maintains its corporate headquarters at Rockwell Business Center Tower 3 in Ortigas Center at Pasig, Philippines.

References

  1. "Sumitomo expands in the Philippines". Investvine.com. 2013-02-24. Retrieved 2013-02-24.

Further reading