June 10, 2021
Published by admin at June 10, 2021
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EDC: Palayan binary plant to cut PHL carbon emissions

BY LENIE LECTURA – JUNE 10, 2021 from Business Mirror Lopez-led Energy Development Corp. (EDC), through its BacMan Geothermal Inc. subsidiary, on Wednesday broke ground on its P7-billion Palayan Binary Power Plant (PBPP) project. The 29-megawatt (MW) power facility will […]
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June 9, 2021
Published by admin at June 9, 2021
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EDC secures nod of SEC for ₧15-billion green bond offer

BY VG CABUAG – JUNE 9, 2021 from Business Mirror The Securities and Exchange Commission (SEC) has approved Energy Development Corp.’s (EDC) public offering of up to P15 billion in fixed-rate Asean green bonds. In its meeting on June 8, […]
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May 27, 2021
Published by admin at May 27, 2021
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First Gen borrows $308 million from 4 banks

BY LENIE LECTURA – MAY 27, 2021 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas First Gen Corp. (First Gen) has sealed a $308-million loan from four banks to refinance its debts and partly fund […]
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May 25, 2021
Published by admin at May 25, 2021
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EDC to pursue geothermal projects in other countries

BY LENIE LECTURA – MAY 25, 2021 from Business Mirror File photo: EDC’s 100 MW Mt. Apo geothermal facility. (BusinessMirror file photo) Lopez-led Energy Development Corp. (EDC) said the pandemic has delayed some of its geothermal exploration activities in other […]
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