What is First Philippine Holdings Corporation mean? First Philippine Holdings Corporation (FPH) is a management and investment company whose major business is power generation and distribution, with 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.
In property development, FPH expands its reach through Rockwell Land Corporation (Rockwell Land) and First Philippine Industrial Park (FPIP).
FPH maintains its corporate headquarters at Rockwell Business Center Tower 3 in Ortigas Center at Pasig, Philippines.
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Posted on 17 Sep 2024, this text provides information on Business related to Miscellaneous in Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.