First Gen Corp
Rafael L. Lopez, born April 19, 1952, Filipino, was elected regular director of the company in May 2022. He assumed his position on July 12, 2022 upon SEC approval of First Gen's amended articles of incorporation increasing the number of directors from 9 to 10. He is the Executive Adviser to the Chief Executive Officer of ABS-CBN Global, Inc., the umbrella organization that wholly owns all international subsidiaries of ABS-CBN. Mr. Lopez was previously the COO of ABS-CBN Global, where he pioneered the US operation of ABS-CBN. In 1992, he initiated the broadcast of select programs in local free TV stations in the Bay Area and the video sales of then ABS-CBN programs, which evolved into the creation and distribution of The Filipino Channel and other television channels for news and movies.
He is a graduate of the San Francisco State University with a Bachelor of Arts degree in Music (1980). He also completed the Stanford Business Executive Program at Stanford University (2002).
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First Gen Corp
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.