Basa, Eunice Scarlet A., Espiritu, Mary Joyce E. Macapinig, Kathlyn C., Quilantang, Joanna Marie, Torres, Romelyn Anne M.

A Five-Year strategic financial plan for First Gen - Financial Plan: (BSBA major in Financial Management) - Pamantasan ng Lungsod ng Maynila, 2024

Executive Summary: This paper provides a five-year strategic financial plan for First Gen Corporation, a leading Philippine-based energy company. Established as a subsidiary of the Lopez Group, First Gen is a key player in the transition towards cleaner energy sources with a diversified portfolio of natural gas, geothermal, hydroelectric, wind, and solar energy. The company, however, is facing financial challenges including high debt levels, declining revenues, and reduced profits, which strain the company's growth and operational stability. This study employs a strong methodology combining a financial statement analysis, market research, and industry ratios to assess First Gen's financial position and external environment. The findings indicate the need to improve cost management, and strategic debt management to address liquidity constraints. The paper also highlights opportunities in the growing renewable energy market and shifting towards sustainable energy solutions. Strategic recommendations are centered on optimizing operational efficiency, securing long-term power supply agreements, and exploring innovative financing options. These include renegotiating credit terms, diversifying revenue streams, and expanding renewable energy capacity to align with national energy goals. A projected increase in installed capacity to 13,000 MW by 2030 underscores the company's goals to solidify its market leadership in sustainable energy. This strategic plan aims to stabilize First Gen's financial health while fostering its commitment to sustainability and environmental stewardship. By implementing these strategies, First Gen can overcome its current financial challenges, maintain its competitive edge, and lead the Philippines toward a sustainable future for the energy industry.

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Executive Summary: This paper provides a five-year strategic financial plan for First Gen Corporation, a leading Philippine-based energy company. Established as a subsidiary of the Lopez Group, First Gen is a key player in the transition towards cleaner energy sources with a diversified portfolio of natural gas, geothermal, hydroelectric, wind, and solar energy. The company, however, is facing financial challenges including high debt levels, declining revenues, and reduced profits, which strain the company's growth and operational stability. This study employs a strong methodology combining a financial statement analysis, market research, and industry ratios to assess First Gen's financial position and external environment. The findings indicate the need to improve cost management, and strategic debt management to address liquidity constraints. The paper also highlights opportunities in the growing renewable energy market and shifting towards sustainable energy solutions. Strategic recommendations are centered on optimizing operational efficiency, securing long-term power supply agreements, and exploring innovative financing options. These include renegotiating credit terms, diversifying revenue streams, and expanding renewable energy capacity to align with national energy goals. A projected increase in installed capacity to 13,000 MW by 2030 underscores the company's goals to solidify its market leadership in sustainable energy. This strategic plan aims to stabilize First Gen's financial health while fostering its commitment to sustainability and environmental stewardship. By implementing these strategies, First Gen can overcome its current financial challenges, maintain its competitive edge, and lead the Philippines toward a sustainable future for the energy industry.




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academic writing

HG4015 B37 2024

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