December 12, 2018

CMP taps EDC to supply 2.5 MW of power to Tanauan, Batangas site

By Lenie Lectura – December 12, 2018 from Business Business THE Citizen Machinery Philippines Inc. (CMP) has tapped the Energy Development Corp. (EDC) to supply 2.5 megawatts (MW) of power to the manufacturing company in Tanauan, Batangas. Both signed a […]
November 16, 2018

First Gen’s natural gas business sizzles

By Lenie Lectura – November 16, 2018 from Business Mirror LOPEZ-LED First Gen Corp. on Thursday posted a 45-percent increase in recurring net income attributable to equity holders of the parent at $180 million (or P9.4 billion) from January to September this […]
November 13, 2018

EDC recurring net 9-month income down 3.0% to P6.4 B

By Myrna M. Velasco – November 12, 2018, 10:00 PM from Manila Bulletin The consolidated recurring net income of Energy Development Corporation (EDC) had been down 3.0-percent to P6.4 billion within this year’s January to September stretch from last year’s […]
October 1, 2018

EDC sees better results in H2 after 21% income decline in H1

By Lenie Lectura – October 1, 2018 from Business Mirror LOPEZ-LED Energy Development Corp. (EDC) is expected to perform better in the second half of 2018 after posting a 21-percent decline in net income during the first six months of […]