June 9, 2021

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, […]
May 27, 2021

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 […]
May 25, 2021

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 […]
May 20, 2021

First Gen allots $530M for capex

BY LENIE LECTURA – MAY 20, 2021 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas   FIRST GEN Corp. of the Lopez Group is setting aside about $530 million in capital expenditures (capex) this year […]