July 31, 2020

EDC to expand overseas footprint

By Lenie Lectura – July 31, 2020 from Business Mirror Lopez-led Energy Development Corp. (EDC) said it is pursuing geothermal projects overseas and expanding its presence in Taiwan, Indonesia, Peru and Chile. “We are also continuing with our pre-development work […]
May 20, 2020

First Gen recurring earnings decline 15% to P3.3 billion

By Myrna M. Velasco – May 19, 2020, 10:00 PM from Manila Bulletin The recurring earnings of First Gen Corporation dropped 15-percent to P3.3 billion (US$65 million) in the first quarter versus a more upbeat P4.0 billion (US$77 million) in […]
November 15, 2019

First Gen 9-month income up 21% to US$217-M

By Myrna M. Velasco – By Myrna M. Velasco from Manila Bulletin With stronger sales from its diminutive 97-megawatt Avion power facility and better financial turnout for subsidiary Energy Development Corporation (EDC), Lopez-owned First Gen Corporation logged 21-percent income jump […]
October 7, 2019

EDC sets 60-MW capacity ramp-up on 2 steam plants

By Myrna M. Velasco – October 5, 2019, 10:00 PM from Manila Bulletin Lopez-majority owned Energy Development Corporation (EDC) is targeting 50 to 60 megawatts ramp-up on two of its power plants by re-using steam heat so it can produce […]