May 9, 2024

First Gen booked $81-m recurring net income in first three months

By Alena Mae S. Flores – May 8, 2024, 7:20 pm from manilastndard.net First Gen Corp. of the Lopez Group on Wednesday reported a 9-percent decline in attributable recurring net income to $81 million (P4.5 billion) in the first quarter […]
May 2, 2024

EDC gets ESG award from Macquarie

By Manila Standard Business – May 1, 2024, 8:15 pm Energy Development Corp. (EDC), a 100-percent renewable energy firm, received the ESG Leadership Excellence Award for Social Impact from its shareholder Macquarie Asset Management (MAM). A global asset manager renowned […]
January 30, 2024

EDC allots P40b in 2024 to build, expand geothermal projects

By Alena Mae S. Flores – January 29, 2024, 9:30 pm from manilastandard.net Geothermal producer Energy Development Corp. (EDC), a unit of First Gen Corp., allocated P40 billion for 2024 capital expenditures to fund its expansion and growth projects, a […]
December 11, 2023

EDC to complete new geothermal, BESS projects

By Alena Mae S. Flores – December 10, 2023, 9:35 pm from manilastandard.net Energy Development Corp. (EDC) focuses on the completion of binary geothermal projects and battery energy storage projects in the next two years, a company executive said. EDC […]