Monday, May 18, 2026
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Tag: EDC

EDC awarded two geothermal concessions in Indonesia

Energy Development Corp. (EDC), the renewable energy arm of First Gen Corp. of the Lopez Group, was granted surface exploration and drilling rights, also...

EDC obtains 3 awards, cited for sustainability leadership

Energy Development Corp. (EDC), a unit of First Gen Corp., earned three recognitions at the prestigious Asia Responsible Enterprise Awards (AREA) 2024 held at...

EDC raises P10b from ASEAN green bond offering

The Energy Development Corp. (EDC), a unit of First Gen Corp., raised P10 billion from the issuance of fixed-rate ASEAN Green Bonds. EDC said in...

EDC gets ESG award from Macquarie

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...

EDC allots P40b in 2024 to build, expand geothermal projects

Geothermal producer Energy Development Corp. (EDC), a unit of First Gen Corp., allocated P40 billion for 2024 capital expenditures to fund its expansion and...

EDC to complete new geothermal, BESS projects

Energy Development Corp. (EDC) focuses on the completion of binary geothermal projects and battery energy storage projects in the next two years, a company...

EDC’s BINHI regreening legacy snags regional sustainability awards

Energy Development Corporation (EDC), the all-renewable energy arm of Lopez-led First Gen Corporation, has received accolades anew for BINHI, its institutionalized regreening and reforestation...

EDC to start operations of 28.9-MW Albay binary power plant by September

Energy Development Corp. expects to start the commercial operations of its P7-billion 28.9-megawatt Palayan Binary Power Project in Albay province by September. "The construction of...

First Gen unit EDC wins gold, two silver sustainability awards

First Gen-owned Energy Development Corp. (EDC) has bagged a gold and two silver awards at the 8th Asia Sustainability Reporting Awards, the most prestigious...

EDC invites US firms to join geothermal project

Energy Development Corp. said Wednesday it is inviting proposals from interested American companies to conduct a feasibility study on a 50-megawatt geothermal power project...

EDC supplies clean electricity to MORE

Energy Development Corp., a unit of First Gen Corp., will supply 20 megawatts of renewable energy to More Electric and Power Corp. (MORE Power)...

EDC registered P2.63-b income in first 3 months

Energy Development Corp. said Tuesday it posted a net income of P2.63 billion in the first quarter, down 19.2 percent from P3.261 billion in...

EDC issue wins best currency green bond

Energy Development Corp.’s P5-billion dual tranche ASEAN Green Bond was chosen as the best local currency green bond by The Asset in its prestigious...

EDC launches campaign to attain net zero carbon emissions in PH

Energy Development Corp., the country’s largest geothermal company, said Monday it launched a multi-sectoral movement toward attaining net zero carbon emissions among businesses in...
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