June 14, 2022

EDC leads 7 firms given OK for renewable energy plans

BY LENIE LECTURA – JUNE 13, 2022 from Business Mirror In photo: Energy Development Corp.’s Burgos wind power project in Ilocos Norte. THE Energy Development Corp. (EDC) leads seven companies whose renewable energy (RE) projects nine with a total capacity […]
June 14, 2022

EDC to supply power to TDK Laguna plant

BY LENIE LECTURA – JUNE 13, 2022 from Business Mirror File photo shows one of EDC’s 12 integrated geothermal power stations. Energy Development Corp. (EDC) has been tapped to supply geothermal energy to the manufacturing plant of TDK Philippines Corp. […]
May 19, 2022

FGen budgets $810 million for capex until 2023

By Danessa Rivera – May 19, 2022 | 12:00am from The Philippine Star MANILA, Philippines — Lopez-led First Gen Corp. has earmarked a capital expenditure (capex) of $810 million until 2023, bulk of which will be used to complete its […]
May 18, 2022

First Gen’s recurring income reaches P3b

By Alena Mae S. Flores May 16, 2022, 7:15 pm from manilastandard.net Renewable energy producer First Gen Corp. said Monday recurring net income amounted to P3 billion ($59 million) in the first quarter, a decline of 25 percent from P3.8 […]