Lopez Companies

Lopez Holdings posts P6.557B net income attributable to parent

Lopez Holdings LogoLopez Holdings Corporation posted P6.557 billion in net income attributable to equity holders of the parent for the year 2016. This is 6% higher than the P6.191 billion in net income attributable to equity holders of the parent reported in 2015. The steady performance of investees First Philippine Holdings Corporation (FPH) and ABSCBN Corporation accounted for these results. FPH also reported one-off gains for the period.

First Gen completes refinancing, raises $500-M debt facility

First Gen LogoFirst Gen Corporation, through its wholly-owned subsidiary, First Gas Power Corporation which owns and operates the 1,000-megawatt (MW) Santa Rita natural gasfired combined cycle power plant, signed a $500-million, seven-year term loan facility with Bank of Commerce, Bank of the Philippine Islands, BDO Unibank Inc., Philippine National Bank, Security Bank Corporation and Sumitomo Mitsui Banking Corporation Singapore Branch.

International award for EDC’s Burgos Wind Project

EDC president Richard Tantoco (10th from left), CFO Nestor Vasay (12th from left) and VP Erwin Avante (8th from left) with (from left) Rod Morrison (PFI), Luis Elizaga (Security Bank Corp.), Willem van Nouhuys (ING Bank), Jae Lemin (Herbert Smith Freehills), Joseph Lledo (BDO Unibank Inc.), Jorgen Kragh (Eksport Kredit Fonden), Marina Kurkina (DZ Bank), Hinrich Holm (Norddeutsche Landesbank), Steven Mulder (ANZ Banking Group), Joseph Tisuthiwongse (Clifford Chance) and awarding ceremony host Jimmy CarrFirst Gen Corporation subsidiary Energy Development Corporation (EDC) earned from Project Finance International (PFI) the Asia-Pacific Renewables Deal of the Year for EDC’s 150-megawatt Burgos Wind Project (BWP).

TFC’s Homecoming to DC Commended by the Daly City Government

The Certificate of Commendation from the Daly City Government.The Daly City government recently conferred a special certificate of commendation on ABS-CBN International/TFC at the City Hall council chambers.

Charo tells media students: Good values matter at Pinoy Media Congress Year 9

ABS-CBN President Charo Santos-Concio

ABS-CBN president and CEO Charo Santos-Concio reminded over 1,000 communication students on the importance of having good values in her keynote address at the Pinoy Media Congress (PMC) Year 9, held recently at St. Paul University Manila.