First Philippine Holdings Corp - Company Profile
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Business Description
First Philippine Holdings Corp (FPHC) is a power utility company with investments in manufacturing and real estate in Philippines.
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Business Segments
Overview
The company operates the Power Generation segment through its subsidiary First Gen Corporation (First Gen) and its subsidiaries. - First Gen holds interest in the natural gas-fired power plant, diesel-fired plants, hydroelectric power plants and geothermal power plants. Its subsidiary First Gas Power Corporation (FGPC) owns the 1,000-MW Santa Rita power plant and First Gen owns the 500-MW San Lorenzo power plant. - First Gen also operates through Energy Development Corporation, which is a vertically integrated geothermal power producer. FGP Corp intends to establish Philippine’s first Liquefied Natural Gas re-gasification terminal at the First Gen Clean Energy Complex in Batangas. It also strives to enter into contract agreements with local cooperatives for its planned run-of-river hydro assets.
Performance
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Overview
Consists of investment holdings, oil transporting company, construction, securities transfer services and financing. Operates its activities through First Balfour Inc (First Balfour), ThermaPrime Well Services Inc, (ThermaPrime) and First Philippine Industrial Corporation (FPIC). - First Balfour is an engineering and construction company. It offers engineering and construction services to civil, mechanical and electrical works for road and bridge construction, residential and industrial buildings and plants, water supply and treatment plants, power plants, power transmission and power distribution. - ThermaPrime is a geothermal drilling company. - FPIC owns and operates the largest commercial oil pipeline in the country. It transports crude and refined petroleum products from Batangas to Metro Manila. FPIC’s system comprises of two pipelines one for transportation of refined petroleum products and other for heavier petroleum products. - It also operates through Asian Eye Institute (AEI), which carries out medical equipment business.
Performance
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Overview
Operates through First Philippine Electric Corporation (First Philec). First Philec manufactures and markets transformers in Philippines and also carries out its manufacturing activities through First Philec Inc (FPI).
Performance
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Overview
FPHC operates Real Estate Development business through its subsidiaries Rockwell Land Corporation (Rockwell Land) and First Philippine Industrial Park (FPIP). - Rockwell Land develops commercial and residential properties in the country. It also develops various high-rise residential condominium projects, sports & leisure clubs, shopping malls, office buildings and a prominent graduate school of law, business and government. - FPIP is a major industrial park in the country which offers corporate space to multinational companies in the electronic and semiconductors manufacturing, solar cells and aircraft components manufacturing, engineering plastics and metals, consumer goods manufacturing and other technology-based sectors. The company’s project portfolio includes The Rockwell Business Center–Sheridan, The Arton and Santolan Town Plaza.
Performance
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