January

  • Commencement of the Green Energy Options program (GEOP), wherein GEOP end-users, GEOP Renewable Energy Suppliers and Distribution Utilities (DU) can register to participate in the program.
  • First Gen paid cash dividends of PHP3.8904 per share on the 52.85 million outstanding Series “G” preferred shares, and PHP0.38904 per share on the 13.75 million Series “G” preferred shares issued to First Philippine Holdings Corporation.
  • First Gen paid cash dividends of PHP0.02 per share on outstanding Series “B” preferred shares.
  • First Gen paid cash dividends of PHP0.01 per share on outstanding Series “E” preferred shares.
February

  • First Gen repurchased 1.26 million shares of its Series “G” preferred shares.
March

  • First Gen launched an integrated electric vehicle (EV) pilot project called GreenWheels. Its fast and solar-powered EV charging station was constructed inside the First Gen Clean Energy Complex in Batangas City.
  • First Gen switched its first set of GEOP end-users in the market, supplying nine customers with full RE supply from our geothermal capacities.
  • EDC refinanced its USD50 million Mizuho Bank, Ltd. loan and availed loans totaling PHP3 billion from Bank of the Philippine Islands and UnionBank of the Philippines.

April

  • First Gen won two awards at the 7th Asia Integrated Reporting Awards: Silver in the category of Asia’s Best Integrated Report in Integrated Thinking and Bronze for Asia’s Best Integrated Report in Value Creation for its 2020 Integrated Report. EDC also won Bronze in Asia’s Best Integrated Report in Integrated Thinking category for its 2020 Integrated Report.
  • EDC inaugurated its 3.6-MW Mindanao 3 (M3) binary geothermal power plant, expanding its existing Mount Apo geothermal facility with an additional supply of clean, reliable and stable power in Mindanao.
  • EDC secured a PHP2.6 billion loan from Security Bank Corporation.
May

  • ERC approved EDC’s application to develop a point-to-point power transmission line that will connect its 3.6-MW power plant near Mount Apo to the Mindanao grid.
  • EDC received the Department of Energy’s (DOE) approval to conduct system impact studies (SIS) for the 100-MW Burgos 4 wind power project in Burgos, Ilocos Norte, and the 100-MW Burgos 3 wind power project in Burgos and Pasuquin, Ilocos Norte.
  • First Gen declared cash dividends of PHP0.35 per share to its common shareholders.
June

  • FGP Corp. drew the remaining USD158 million of its USD308 million term loan facility with Banco de Oro, Bank of the Philippine Islands, Philippine National Bank, and Sumitomo Mitsui Banking Corporation.
  • EDC secured a PHP1.5 billion loan from CTBC Bank Corp.
July

  • First Gen fully redeemed the outstanding 65.34 million Series “G” preferred shares at face value.
  • First Gen paid cash dividends of PHP3.8904 per share on the 51.59 million outstanding Series “G” preferred shares, and PHP0.38904 per share on the 13.75 million Series “G” preferred shares issued to First Philippine Holdings Corporation.
September

  • To acknowledge the Province of Batangas’ historical, current and future support toward the Company’s initiatives, the floating storage regasification unit’s name was agreed to be changed from BW Paris to BW Batangas by FGEN LNG Corp and BW LNG.
  • On its first anniversary, EDC’s Net Zero Carbon Alliance (NZCA) created a strategic framework toward private sector carbon neutrality by 2050. EDC conceived and established the NZCA in 2021 to encourage and support Philippine enterprises in attaining net-zero greenhouse gas (GHG) emissions or carbon neutrality by 2050.
  • EDC availed loans totaling PHP4.0 billion from China Banking Corporation and Banco de Oro.
October

  • First Gen signed a memorandum of understanding (MOU) with the Batangas City LGU for the development of the Batangas City Eco-Park & Wildlife Rescue Center. The center is a project of the Batangas City LGU under its tagline: “Magkatuwang Tayo”, which enjoins public- private partnerships. The eco park is designed for the improvement of health, economy, eco-tourism, and environmental (flora and fauna) upholding of Batangas City.
November

  • EDC secured a grant from the US Trade and Development Agency (USTDA) for a feasibility study on a planned geothermal power projectin Mindanao.
  • First Gen secured the Certificates of Compliance (COC) of Pantabangan Hydroelectric Plant (PHEP) and Masiway Hydroelectric Plant (MHEP) from the Energy Regulatory Commission (ERC).
  • COCs were issued after deliberations and site technical inspections from the ERC. These were conducted after our compliance with the requirements declared in the 2016 Philippine Grid Code, WESM Rules, Department of Environment and Natural Resources (DENR) and other laws and regulations.
  • First Gen declared cash dividends of PHP0.42 per share to its common shareholders.
December

  • First Gen resumed its face-to-face Customers Appreciation Night (CAN) attended by over 250 power supply customers from retail and wholesale segments.
  • EDC launched the Geo 24/7-powered vehicle. EDC’s electric vehicles are fueled by steam energy from the charging station in the Tongonan Geothermal Power Plant, Kananga, Leyte.