September 6, 2025 | 12:00am
MANILA, Philippines — Lopez-led First Gen Corp. has entered right into a provide settlement with the native unit of Taiwan Fructose Co. Ltd., powering the latter’s Philippine operations with renewable vitality.
Taiwan Fructose Philippines, a world provider of assorted sweeteners, has tapped First Gen for geothermal vitality provide to its manufacturing and logistics facility in Batangas.
The electrical energy provide will come from the Bacon-Manito geothermal advanced within the Bicol area that’s owned and operated by First Gen subsidiary Vitality Growth Corp.
Monetary particulars weren’t instantly made obtainable.
“Geothermal vitality is a renewable vitality supply that may run at baseload capability, which is good for industries that require a secure 24/7 energy provide with a decrease carbon footprint,” First Gen chief buyer engagement officer Carlo Vega mentioned.
Situated throughout the Lopez Group’s First Philippine Industrial Park, Taiwan Fructose’s facility manufactures sweeteners equivalent to glucose and fructose syrups and different candy components used for meals and drinks.
By means of this provide settlement, the Taiwanese agency is predicted to cut back its carbon emissions and bolster its sustainability push.
“We’re happy to assist Taiwan Fructose in its journey towards sustainability and decarbonization,” Vega mentioned.
First Gen, in the meantime, is the nation’s main clear vitality producer, working 28 energy vegetation with a mixed capability of 1,600 megawatts that run on geothermal, wind, photo voltaic and hydroelectric.
In July, First Gen signed a P50-billion share buy settlement with Razon-led Prime Infrastructure Capital for the sale of 60 p.c of the previous’s fuel enterprise.
The deal covers First Gen’s 4 present gas-fired services and an interim offshore liquefied pure fuel terminal in Batangas.
