Jay Joel L. Soriano

First Gen Corporation is a Philippines-based investment holding company. The Company is engaged in the business of power generation. Its segments include First Gas Power Corporation (FGPC), which operates approximately 1, 000 megawatt (MW) combined cycle, natural gas-fired Santa Rita power plant; FGP Corp. (FGP), which operates over 500 MW combined cycle, natural gas-fired San Lorenzo power plant; Energy Development Corporation (EDC) and subsidiaries, which holds service contracts with the Department of Energy (DOE) corresponding to approximately 10 geothermal contract areas each granting EDC rights to explore, develop and utilize the corresponding resources in the relevant contract area, and First Gen Hydro Power Corporation (FG Hydro), which operates over 130 MW Pantabangan-Masiway Hydroelectric Plant (PAHEP/MAHEP). EDC owns approximately 150 MW Burgos Wind Power Plant (Burgos Wind) and over 4.16 MW Burgos Solar Power Plant (Burgos Solar) both situated in Burgos, Ilocos Norte.