June 16, 2021

P15B proceeds from ‘green bond’ issuance to fund EDC expansion projects

By Myrna M. Velasco – June 15, 2021, 3:38 PM from Manila Bulletin The targeted P15 billion proceeds from the ASEAN green bonds issuance of Energy Development Corporation (EDC) will bankroll the expansion projects being lined up by the company. […]
June 10, 2021

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 […]
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 […]