First Philippine Holdings Corporation
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| Public (: FPH) | |
| Industry | Power, manufacturing, property |
| Founded | June 30, 1961 |
| Headquarters | Pasig City, Philippines |
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Key people
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Oscar M. Lopez (Chairman Emeritus) Federico Rufino Lopez (Chairman and CEO) Elpidio L. Ibanez (President) Ernesto B. Rufino (CFO) |
| Revenue |
 US$538 million (FY 2013)
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US$188.59 million (FY 2013)
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|
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US$93.06 million (FY 2013)
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|
| Total assets |
 US$6.35 billion (FY 2013)
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| Total equity |
US$2.80 billion (FY 2013)
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Number of employees
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86 |
| Subsidiaries |
Manila Electric Company |
| Website | FPHC.com |
Manila Electric Company
First Gen Corporation
First Philippine Electric Corporation
First Philippine Industrial Park
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. In its 50 years, it has pioneered and managed some of the country's best companies, who are market leaders in their key industries. 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 leading photovoltaic companies. FPSC is a joint venture of First Philec and SunPower Corporation, an established global technology leader 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 the 4th floor of the Benpres Building in Ortigas Center at Pasig City, Philippines.
In the 1950s, then-President Carlos Garcia pushed for a larger Filipino role in the nation's economic activities. Among the many Filipino entrepreneurs whose businesses flourished in this period was Don Eugenio Lopez Sr. (Don Eugenio), a businessman who would soon establish a conglomerate that would become First Philippine Holdings Corporation.
Lopez graduated from the Ateneo de Manila University in 1919, with an AB Degree, Cum Laude. He went on to study law in the University of the Philippines and after passing the bar exams, he underwent a year of post graduate studies in law at Harvard University.
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Wikipedia