Table of Contents
Table of Contents 2
List of Tables 4
Company Snapshot 5
Key Information 5
Company Overview 5
SWOT Snapshot 5
Operational Metrics 6
First Philippine Holdings Corporation, Operational Metrics, By Capacity 6
First Philippine Holdings Corporation, Operational Metrics, By Sales 6
First Philippine Holdings Corporation, Solar PV Parks 7
First Philippine Holdings Corporation, Solar PV Parks, Philippines 7
First Philippine Holdings Corporation, Hydro Power Plants 8
First Philippine Holdings Corporation, Hydro Power Plants, Philippines 8
First Philippine Holdings Corporation, Thermal Power Plants 9
First Philippine Holdings Corporation, Thermal Power Plants, Philippines 9
Business Description 11
Business Overview 11
Major Products and Services 12
History 13
SWOT Analysis 15
Overview 15
First Philippine Holdings Corporation Strengths 15
Quality Standards 15
Power Generation Capability 15
Cost Efficiency 16
First Philippine Holdings Corporation Weaknesses 16
Operational Performance 16
First Philippine Holdings Corporation Opportunities 16
New Electricity Pricing System 16
Rising Demand for Renewable Generation 16
Escalating Demand for Electricity: Philippines 16
First Philippine Holdings Corporation Threats 17
Changes in Rules and Regulations 17
Fluctuations in Foreign Currency 17
Competition 17
Volatility in Electricity Prices 17
Financial Ratios – Capital Market Ratios 18
Financial Ratios – Annual Ratios 18
Financial Ratios – Interim Ratios 20
Key Employees 21
Key Employee Biographies 23
Company Statement 24
Locations And Subsidiaries 26
Head Office 26
Other Locations & Subsidiaries 26
Financial Deals Landscape 28
First Philippine Holdings Corporation, Deals Summary 28
First Philippine Holdings Corporation, Power, Deal Details 29
Asset Transactions 29
First Gen To Invest US$40 Million In Cabadbaran Hydro Power Project In Agusan Del Norte 29
First Gen To Invest US$800 Million In Phase III Of San Gabriel Project In Philippines 30
First Gen To Invest US$400 Million In Phase II Of San Gabriel Project In Philippines 31
First Gen Acquires Remaining 40% Interest In Two Gas-Fired Power Generation Plants From BG Group For US$360 Million In Philippines 32
First Gen Acquires 40% Interest In Santa Rita And San Lorenzo Power Plants From BG Group For US$231 Million 33
First Gen Completes Project Financing Of US$420m For Refinancing San Lorenzo Gas-Fired Power Plant In Philippines 34
Equity Offering 35
First Gen Raises USD168 Million in Private Placement of Shares 35
First Gen Completes Public Offering Of Series G Preferred Shares For US$231 Million 37
First Gen Completes Private Placement Of Preferred Shares For US$232 Million 39
Debt Offering 41
First Gen Completes Second And Final Tranche Of Private Placement Of 6.5% Bonds Due 2023 For US$50 Million 41
Acquisition 43
Philippines Renewable Energy Acquires 31.7% Stake in Energy Development for USD1.32 Billion in Tender Offer 43
Appendix 45
Report Scope 45
GlobalData Coverage 45
Benchmarking 45
GlobalData’s Methodology 45
Secondary Research 45
Primary Research 46
Contact Us 46
Disclaimer 46
First Philippine Holdings Corporation, Key Facts 5
First Philippine Holdings Corporation, Operational Metrics, Capacity 6
First Philippine Holdings Corporation, Operational Metrics, Sales 6
First Philippine Holdings Corporation, Solar PV Parks, Philippines 7
First Philippine Holdings Corporation, Hydro Power Plants, Philippines 8
First Philippine Holdings Corporation, Thermal Power Plants, Philippines 9
Major Products and Services 12
First Philippine Holdings Corporation, SWOT Analysis 15
First Philippine Holdings Corporation, Ratios based on current share price 18
First Philippine Holdings Corporation, Annual Ratios 18
First Philippine Holdings Corporation, Interim Ratios 20
First Philippine Holdings Corporation, Key Employees 21
First Philippine Holdings Corporation, Subsidiaries 26
First Philippine Holdings Corporation, Deals Summary 28
First Gen To Invest US$40 Million In Cabadbaran Hydro Power Project In Agusan Del Norte 29
First Gen To Invest US$800 Million In Phase III Of San Gabriel Project In Philippines 30
First Gen To Invest US$400 Million In Phase II Of San Gabriel Project In Philippines 31
First Gen Acquires Remaining 40% Interest In Two Gas-Fired Power Generation Plants From BG Group For US$360 Million In Philippines 32
First Gen Acquires 40% Interest In Santa Rita And San Lorenzo Power Plants From BG Group For US$231 Million 33
First Gen Completes Project Financing Of US$420m For Refinancing San Lorenzo Gas-Fired Power Plant In Philippines 34
First Gen Raises USD168 Million in Private Placement of Shares 35
First Gen Completes Public Offering Of Series G Preferred Shares For US$231 Million 37
First Gen Completes Private Placement Of Preferred Shares For US$232 Million 39
First Gen Completes Second And Final Tranche Of Private Placement Of 6.5% Bonds Due 2023 For US$50 Million 41
Philippines Renewable Energy Acquires 31.7% Stake in Energy Development for USD1.32 Billion in Tender Offer 43
