March 24, 2018

EDC secures $90-b loan from World Bank arm

By Alena Mae S. Flores – March 23, 2018 at 07:15 pm from manilastandard.net Renewable power producer Energy Development Corp. and International Finance Corp., a member of the World Bank Group, signed a 15-year financing agreement covering $90 million to […]
December 14, 2017

PSALM forfeits P400-m performance bond of Filinvest power unit

By Alena Mae S. Flores – December 13, 2017 at 08:20 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. said Wednesday it forfeited the P400-million performance bond of FDC Misamis Power Corp., a power unit of Filinvest Development […]
September 14, 2017

Phinma threatens lawsuit as Psalm terminates deal

By Lenie Lectura – September 11, 2017 from Business Mirror PHINMA Energy Corp. on Monday threatened to file a case against the Power Sector Assets and Liabilities Management Corp. (Psalm) for terminating the power contract to sell the output of a geothermal-power facility. […]
July 19, 2017

EDC says electricity output in Leyte up

by Alena Mae S. Flores – July 18, 2017 at 08:16 pm from Manila Standard Today Geothermal energy leader Energy Development Corp. has restored its marshaling station in Leyte, enabling the delivery of an aggregate 200 megawatts from the Malitbog […]