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NOVEMBER 2020 A monthly publication of the Lopez group of companies www.lopezlink.ph http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph Knowledge Channel powers through challenging times Story on page 4 Economic impact assessment Rockwell Kapamilya ‘TVP’ partners with Christmas streams on TGN Realty presents YouTube …page 2 …page 7 …page 8 2 Lopezlink November 2020 BIZ NEWS BIZ NEWS Lopezlink November 2020 3 Virtual corporate governance training First Gen gets DOE award to Rockwell enters partnership By Carla Paras-Sison FGEN LNG preferred tenderers THE annual corporate gover- develop pump storage project with TGN Realty to develop nance training of directors and By Joel Gaborni for binding invitation to officers of publicly listed com- panies (PLCs) associated with FIRST Gen Corporation has always available when it’s security and stability. the Lopez Group went virtual been awarded a hydro service needed,” said Ricky Carandang, The hydro service contract mixed-use community on Oct. 23 as conducted by the contract by the Department of First Gen vice president. “But gives First Gen, through First tender for charter of FSRU Institute of Corporate Direc- Energy to develop a 120-mega- with a pump storage facility Gen Hydro, five years to con- venture with the family be- one bedroom to three bedrooms tors (ICD). watt (MW) pumped-storage like the one we want to build in duct predevelopment stage FGEN LNG Corporation has Ltd. and Höegh LNG Asia construction, ownership and hind the successful Nepo Cen- sized 44 sq. m. to 142 sq. m. The The continuing education hydroelectric facility in Aya, Pantabangan, we will be able to activities—from a preliminary expanded the list of preferred Pte. Ltd. after the satisfactory operation of FSRUs and other ter,” Rockwell Land president residential towers are expected of professional directors and Pantabangan, Nueva Ecija. store some of the energy gen- assessment and feasibility study tenderers to four in respect of completion of a nonbinding LNGCs. Nestor J. Padilla said. to bring a revenue of P6.7 bil- officers of listed companies is First Gen, through First erated by the dam and deploy it up to financial closing and dec- its binding invitation to ten- prequalification process and Dynagas Ltd., meanwhile, is Bringing the Rockwell sig- lion. required by the Securities and Gen Hydro Power Corporation, when it’s needed.” laration of commerciality. der issued on Oct. 20, 2020 for following FGEN LNG’s re- an LNG maritime transporta- nature touch north of Metro The Nepomuceno Group Exchange Commission. In at- owns and operates the existing A pumped-storage facility First Gen through First the charter of a floating storage ceipt of a permit to construct, tion company headquartered Manila, the project will have of Companies has forays into tendance were delegates from 132-MW Pantabangan-Masi- stores and generates electricity Gen Hydro earlier signed a regasification unit (FSRU) in expand, rehabilitate and modify in Athens, Greece. The com- three residential towers. It will education, utility services and ABS-CBN Corporation, ABS- Sherisa Nuesa Gina dela Vega-Cruz way hydroelectric power plant by moving a volume of water memorandum of understand- respect of its interim offshore or PCERM from the Depart- pany was established in 2004 be complemented by a retail real estate. Its 15-hectare flag- CBN Holdings Corporation, project in Pantabangan. Once between two reservoirs situated ing with the National Irriga- LNG terminal (project) that ment of Energy. to manage LNG carriers and component which is poised ship project, the Nepo Center First Gen Corporation, First in 2021 are “business strat- or lingering negativity,” she completed, the new Aya project at different elevations (upper tion Administration related to will be built at the First Gen The project will allow FGEN other LNG infrastructure as- to be the Power Plant Mall in in Angeles City’s central busi- Philippine Holdings Corpora- egy and operations” (63%) said. will allow First Gen to store and lower reservoirs). Aside the development of the same Clean Energy Complex in LNG to accelerate its ability to sets and took delivery of its first Angeles, the first Rockwell mall ness district, features retail tion, Lopez Holdings Corpora- and the “effect of economic She recommended that water pumped into a reservoir from energy, pumped-storage Aya hydro project. First Gen is Batangas City. introduce LNG to the Philip- vessel in 2007. outside Metro Manila. Simi- establishments Nepo Mall, tion, Rockwell Land Corpora- recession” (54%). Forty-eight crisis communication must for use at a later time. facilities can be flexibly oper- also pursuing other hydroelec- The four preferred tenderers pines as early as Q3 2022 to GasLog LNG Services Ltd. ROCKWELL Land Corpo- larly designed to the Rockwell Nepo Mart and NewPoint tion and Energy Development percent of attendees said that be organized and given at “While renewable energy ated to provide ancillary ser- tric projects in Bukidnon and are BW Gas Limited, Dynagas serve the natural gas require- is a wholly owned subsidiary of ration signed a partnership Center in Makati, the residen- Mall as well as PEZA-regis- Corporation. Also attending as the top gap in the current risk regular intervals. As a way is clean and sustainable, it isn’t vices to electricity grids for grid Agusan del Norte. Ltd., GasLog LNG Services ments of existing and future GasLog, which is among the with TGN Realty, a part of the tial towers and the mall will be tered office towers eNtec1 and observers were officers of Lopez management process of their toward “crisis immunization,” gas-fired power plants of third largest independent LNG mid- Nepomuceno Group of Com- connected via an underground eNtec2. Inc. and some of its subsidiar- company was in “making the she encouraged crisis literacy Fiber Direct plans at 50% off parties and FGEN LNG affili- stream companies in the world, panies, to develop a 3.6-hectare passageway for the community’s Future development in the ies. risk management process training for everyone in the ates. with experience dealing with mixed-use community in An- convenience. area can boast of improved Sherisa Nuesa, ICD vice value-adding to business” and organization to recognize a An FSRU is a liquefied nat- cargo types as diverse as LNG, geles, Pampanga. The new Rockwell residen- accessibility with the comple- chair and fellow, discussed 72% said leadership at various crisis when it occurs, and to SKYBIZ launches campaign ural gas carrier (LNGC) that oil, dry-bulk and chemicals. The Philippine Competition tial community is targeted to tion of infrastructure, includ- “Reshaping Risk Governance levels was a possible risk to have a ready response. is capable of storing LNG and Höegh LNG Asia Pte. Ltd. Commission approved the joint launch in the second half of ing the expansion of the Clark in a World of Unknowns.” She their organization. “Educate your employees. which has an onboard regasifi- is a wholly owned subsidiary of venture on Oct. 20, 2020. 2021 and will feature a central International Airport and the shared the results of a survey Nuesa said these results Encourage Black Box Think- to help jumpstart businesses cation plant capable of return- Höegh LNG Limited, which “We are excited to build a clubhouse amenity. Each tower North-South Commuter Rail- of 150 global board mem- were not much different from ing. Tell them to speak up ing LNG into a gaseous state is itself a wholly owned sub- new Rockwell community in bers published in the World and then supplying it directly sidiary of Höegh LNG Hold- will be 10 stories to 15 stories way that will connect Manila the results of a similar poll con- when they see something to select SKYBIZ Fiber Direct band experience for subscribers, In September, SKYBIZ Economic Forum. It showed into the gas network. ings. Höegh LNG Holdings Pampanga through our joint high with units ranging from to Clark. ducted among a broader audi- that’s not right. Tell them who plans. These plans are designed and offer up to 1Gbps speeds reached out to business own- that 90% of respondents will BW Gas Limited is a wholly specializes in the global market ence outside the Lopez Group. they can report to. Define your BUSINESSES affected by the for video conferencing, remote for faster uploading and down- ers coping with the lockdown reassess the priority placed on owned subsidiary of the BW of transportation and floating She encouraged companies to policies and procedures for pandemic can get back on track server management, access to loading of files, high-definition when it introduced its Home- “risks, internal controls and Group and is involved in the regasification services of LNG, Esguerra is McLuhan fellow; Davila form cross-functional teams this.” as SKYBIZ launches its “Jump- cloud-based platforms and social streaming of content and clearer Biz plans, which aimed to help contingency plans,” 67% be- global market of transporta- including the construction, to identify, assess and mitigate “Black Box Thinking” is a start” campaign, which offers media networking sites. Fiber quality of video conferencing. small business ventures shift to lieve “COVID- 19 will change tion and floating regasification ownership and operation of risks holistically. book by British journalist Mat- fiber connection plans to busi- Direct is available in key cities of “Aside from helping business digital with their work-from- and Endrinal named Glory awardees the way they operate” and services of LNG, including FSRUs and LNGCs. “Use enterprise-wide risk thew Syed. It is about creating ness owners at discounted rates Metro Manila, Cavite, Laguna, owners achieve maximum work home setups through fast and By Kane Choa 60% think the pandemic will management as a strategic tool, systems and cultures that en- until Feb.