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First Gen Corp

Company Summary

Description

One of the oldest and largest conglomerates in the Philippines, that has interests in power generation, power distribution, infrastructure, manufacturing, and property development.

Website

http://www.firstgen.com.ph/our-company/corporate-p...

Recent news

  • 10/25/2023 - Tokyo Gas and First Gen... (subscriber access)
  • 6/29/2023 - Arrival of BW Batangas... (subscriber access)
  • 2/28/2023 - Tokyo Gas to Contribute... (subscriber access)
  • 9/8/2022 - First Gen Corp. Targets... (subscriber access)
  • 6/16/2022 - First Gen Corp. Requests... (subscriber access)

Company Transactions

Date: 6/29/2020
Type: Acquisition

BUYERS:
  • Kohlberg Kravis Roberts & Co. L.P. (KKR)
    • SELLERS:
  • First Gen Corp
    • DETAILS:

    COST: 192.2 $MM

    NOTES:
    KKR has completed a voluntary tender offer to purchase 427 million shares of First Gen Corporation for $192.2 million, representing an 11.9% stake in the firms public shares. First Gen is a large Philippines independent power producer with 3,492-MW in installed capacity.
    REGIONS:
  • Asia