Ernesto B. Pantangco

Executive Vice President at First Gen Corp.

Ernesto B. Pantangco

Ernesto B. Pantangco

Executive Vice President at First Gen Corp.

Overview
Career Highlights

Red Vulcan Holdings Corp.
First Gen Hydro Power Corp.
First Gen Mindanao Hydro Power Corp.

RelSci Relationships

139

Number of Boards

26

Birthday

09/1951

Age

66

Relationships

Chairman & Chief Executive Officer at First Gen Corp.

President & Chief Operating Officer at First Gen Corp.

Former President & Chief Operating Officer at Energy Development Corp.

Chairman Emeritus at Lopez Holdings Corp.

Former Vice Chairman & Chief Executive Officer at First Gen Corp.

President at First Philippine Union Fenosa, Inc. (Philippines)

Chief Financial Officer, Treasurer & Senior Vice President at First Gen Corp.

Executive Vice President at First Gen Corp.

Chief Risk Officer & Senior Vice President at First Philippine Holdings Corp.

Vice President at First Gen Corp.

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Ernesto B. Pantangco
Executive Vice President at First Gen Corp.
Education
MBA
Class of 1976

AIM is the Asian pioneer in international management education.

Bachelor of Science in Mechanical Engineering
Class of 1973

De La Salle University is a Roman Catholic, Lasallian research university in Taft Avenue, Malate

Career History
Executive Vice President
2000 - Current

First Gen Corporation (First Gen) is the leading clean and renewable energy company in the Philippines with an installed capacity of 2,763 megawatts (MW). It accounts for approximately 18 per cent of total installed capacity in the country today. First Gen was incorporated in December 1998 to become the primary holding company for the power generation and energy-related businesses of the Lopez Group. First Philippine Holdings Corporation (FPHC), parent and controlling shareholder of First Gen, became involved in the power generation industry in 1993 through its first major investment in power generation, Bauang Private Power Corporation (BPPC). On July 26, 2010, BPPC turned over its 225-MW diesel bunker power plant to the National Power Corporation / Power Sector Assets and Liabilities Management Corporation following the expiration of the 15-year Cooperation Period covering the project. The Bauang power plant was constructed pursuant to a Build - Operate - Transfer (BOT) Agreement executed by and among Napocor, BPPC and First Private Power Corporation (FPPC) in 1993. Located in Bauang, La Union, the plant is considered to be the largest bunker diesel power plant in the world. As of 2012, First Gen has a portfolio of 15 power generation plants that are predominantly contracted for sale under long-term power purchase agreements or other energy sales agreements. First Gen's power generation portfolios utilize indigenous fuels such as natural gas, water and geothermal steam. The Company's interests, direct and indirect, consist of the following: - A 100 per cent equity interest in the 1,000-MW Santa Rita natural gas-fired combined cycle power plant; - A 100 per cent equity interest in the 500-MW San Lorenzo natural gas-fired combined cycle power plant; -A 40 per cent equity interest or a 68 per cent effective economic interest, in the 132-MW Pantabangan-Masiway hydroelectric power plant complex; -A 100 per cent equity interest in the 1.6-MW Agusan mini-hydro; and -A 49 per cent equity interest in the 11 integrated geothermal and power projects owned by Energy Development Corporation. The projects have a combined capacity of 1,129.4 MW. First Gen ranked 33rd in gross revenues and 52nd in net income among BusinessWorld's Top 1000 Corporations in the Philippines (with consolidated financial statements) in 2011. As a world-class energy company, First Gen's Management System complies with standards set by the International Organization of Standards (ISO) of Geneva. An ISO 9001:2000 certification for Quality Management was first awarded to the Company in 2004. In 2009, First Gen underwent the rigorous recertification audit conducted on its standards by AJA Registrars (Phils.), Inc., the local affiliate of UK-based independent certification body AJA Registrars Limited. The recertification audit checked First Gen’s conformance with norms set under ISO 9001:2008 (Quality Management System). AJA Philippines completed the recertification audit without finding any nonconformance issues in the ISO processes of First Gen, thereby reaffirming First Gen's adherence to the highest standards set by the ISO.

President, Chief Executive Officer & Director
Current

Bauang Private Power Corp. is a private company headquartered in Pasig,. The firm operates a bunker-fired diesel power plant. Ernesto B. Pantangco is currently the CEO of the company.

President, Chief Executive Officer & Director
Current
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Boards & Committees
Member, Management Committee
2000 - Current

First Gen Corporation (First Gen) is the leading clean and renewable energy company in the Philippines with an installed capacity of 2,763 megawatts (MW). It accounts for approximately 18 per cent of total installed capacity in the country today. First Gen was incorporated in December 1998 to become the primary holding company for the power generation and energy-related businesses of the Lopez Group. First Philippine Holdings Corporation (FPHC), parent and controlling shareholder of First Gen, became involved in the power generation industry in 1993 through its first major investment in power generation, Bauang Private Power Corporation (BPPC). On July 26, 2010, BPPC turned over its 225-MW diesel bunker power plant to the National Power Corporation / Power Sector Assets and Liabilities Management Corporation following the expiration of the 15-year Cooperation Period covering the project. The Bauang power plant was constructed pursuant to a Build - Operate - Transfer (BOT) Agreement executed by and among Napocor, BPPC and First Private Power Corporation (FPPC) in 1993. Located in Bauang, La Union, the plant is considered to be the largest bunker diesel power plant in the world. As of 2012, First Gen has a portfolio of 15 power generation plants that are predominantly contracted for sale under long-term power purchase agreements or other energy sales agreements. First Gen's power generation portfolios utilize indigenous fuels such as natural gas, water and geothermal steam. The Company's interests, direct and indirect, consist of the following: - A 100 per cent equity interest in the 1,000-MW Santa Rita natural gas-fired combined cycle power plant; - A 100 per cent equity interest in the 500-MW San Lorenzo natural gas-fired combined cycle power plant; -A 40 per cent equity interest or a 68 per cent effective economic interest, in the 132-MW Pantabangan-Masiway hydroelectric power plant complex; -A 100 per cent equity interest in the 1.6-MW Agusan mini-hydro; and -A 49 per cent equity interest in the 11 integrated geothermal and power projects owned by Energy Development Corporation. The projects have a combined capacity of 1,129.4 MW. First Gen ranked 33rd in gross revenues and 52nd in net income among BusinessWorld's Top 1000 Corporations in the Philippines (with consolidated financial statements) in 2011. As a world-class energy company, First Gen's Management System complies with standards set by the International Organization of Standards (ISO) of Geneva. An ISO 9001:2000 certification for Quality Management was first awarded to the Company in 2004. In 2009, First Gen underwent the rigorous recertification audit conducted on its standards by AJA Registrars (Phils.), Inc., the local affiliate of UK-based independent certification body AJA Registrars Limited. The recertification audit checked First Gen’s conformance with norms set under ISO 9001:2008 (Quality Management System). AJA Philippines completed the recertification audit without finding any nonconformance issues in the ISO processes of First Gen, thereby reaffirming First Gen's adherence to the highest standards set by the ISO.

Chairman
Current
Vice Chairman
Current
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Other Affiliations

Ernesto B. Pantangco is affiliated with First Gen Corp., Bauang Private Power Corp., First Private Power Corp., Red Vulcan Holdings Corp., First Gen Hydro Power Corp., First Gen Mindanao Hydro Power Corp., First Gen Visayas Hydro Power Corp., Burgos Wind Power Corp., First Gen Geothermal Power Corp., First Gen Luzon Power Corp., EDC Bayog Burgos Wind Power Corp., Green Core Geothermal, Inc., EDC Wind Energy Holdings, Inc., Southern Negros Geothermal, Inc., EDC Geothermal Corp., Bac-Man Geothermal, Inc., Bac-Man Energy Development Corp., Kayabon Geothermal, Inc., First Philippine Holdings Corp., First Gen Northern Energy Corp., Energy Development Corp., Philippine Independent Power Producers Association, Tourism Authority of Philippines, First Gen Corp., MAP Committee on Energy, National Renewable Energy Board, Red Vulcan Holdings Corp., First Gen Hydro Power Corp., Bauang Private Power Corp., First Private Power Corp., FG Bukidnon Power Corp., First Gen Mindanao Hydro Power Corp., First Gen Visayas Hydro Power Corp., Burgos Wind Power Corp., First Gen Geothermal Power Corp., First Gen Luzon Power Corp., EDC Bayog Burgos Wind Power Corp., First Gen Northern Energy Corp., Green Core Geothermal, Inc., EDC Wind Energy Holdings, Inc., Southern Negros Geothermal, Inc., EDC Geothermal Corp., Bac-Man Geothermal, Inc., Bac-Man Energy Development Corp., Kayabon Geothermal, Inc., Keitech Educational Foundation, Inc., Energy Development Corp., Philippine Electricity Market Corp., Philippine Independent Power Producers Association