July 13, 2018

EDC to raise P11.5 billion for bilateral loans, capex

By Lenie Lectura – July 12, 2018 from Business Mirror LOPEZ-led Energy Development Corp. (EDC) will raise P11.5 billion via bilateral term loans to refinance loans and fund its capital expenditure (capex). In a disclosure to the stock exchange on […]
May 9, 2018

EDC Q1 earnings dropped 54% to P1.5B

By Lenie Lectura – May 8, 2018 from Business Mirror THE Energy Development Corp. (EDC) vowed to increase the efficiency and reliability of its assets after the company reported a 54-percent drop in first-quarter earnings on Tuesday. Net income for the […]
April 4, 2018

First Gen to register 92% contracted capacity in 2018

By Lenie Lectura – April 3, 2018 from Business Mirror LOPEZ-LED First Gen Corp. intends to register a 92-percent contracted capacity this year, up from the current 80 percent. In its 2017 earnings presentation filed with the Philippine Stock Exchange, […]
April 2, 2018

EDC sets P4.29-B spending for 2018

By Jordeene Sheex Lagare – April 2, 2018 from The Manila Times LOPEZ-LED Energy Development Corp. (EDC) has programmed P4.29 billion in capital expenditures (capex) for this year, with most of the funds to be used for improving the geothermal […]