What is First Gen?
Founded in 1998 and headquartered in Pasig City, Philippines, First Gen is a prominent power producer. The company's operational focus is on the utilization of clean and indigenous fuels, including natural gas, geothermal energy from steam, hydro-electric, wind, and solar power. This diversified approach to energy generation positions First Gen as a key player in sustainable power solutions.
How much funding has First Gen raised?
First Gen has raised a total of $192.2M across 1 funding round:
Share Placement
$192.2M
Share Placement (2020): $192.2M with participation from KKR
Key Investors in First Gen
KKR
KKR is a global investment firm specializing in private markets across all asset classes. Their mission is to fortify companies and communities, focusing on shared success and deep commitment to clients and portfolio companies.
What's next for First Gen?
The recent major strategic investment indicates a pivotal growth phase for First Gen, likely aimed at expanding its clean energy infrastructure and enhancing its operational capabilities. This capital infusion is expected to accelerate the company's strategic initiatives, potentially leading to increased market share and further development in renewable energy technologies. The company's commitment to indigenous and clean fuels suggests a forward-looking strategy aligned with global sustainability trends.
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