Market Event

FGEN announced Tuesday that one of its natural gas-fired plants in Batangas had gone online on Monday, as part of its recommissioning activities, after the repair of a generator had been completed.

Opinion

FGEN has started resumed operations of San Gabriel power plant after having a five-month pause due to an incidence of tripping. This should bode well for FGEN’s recurring income as the specified power plant accounts for at least 12% of the company’s total attributable capacity. FGEN is currently trading at 7.46x P/E FY22 below its 10-year mean of 10x.

LEAVE A REPLY

Please enter your comment!
Please enter your name here