First Gas Power Corporation (Philippines)

First Gas Power Corporation is a Philippine power generation company under First Gen Corporation of the Lopez Group. It owns and operates natural gas-fired combined-cycle power plants located in Batangas, forming part of the country's natural gas power generation hub. The company's major assets include natural gas power facilities supplying baseload and mid-merit electricity to the Luzon grid through long-term power supply contracts with distribution utilities and electric cooperatives. First Gas Power Corporation's operations encompass plant dispatch, operations and maintenance, fuel supply management involving the Malampaya natural gas field, and participation in wholesale electricity market mechanisms. Its strategic direction is aligned with First Gen's clean and low-carbon energy advocacy, emphasizing the role of natural gas as a transition fuel that supports renewable energy integration, stabilizes grid reliability, and reduces dependence on coal, while preparing for long-term competitiveness in an evolving energy landscape, including potential shifts to LNG and flexible gas technologies.