Tag Archives: Energy Development Corporation

First Gen 1Q income up 23%

First Gen 1Q income up 23%

Lopez-led First Gen Corporation posted a 22.8% increase in first quarter profits to $118.8 million from $96.8 million in the same period last year. In..
First Gen 2020 profits down 7%

First Gen 2020 profits down 7%

Lopez-led First Gen Corporation recorded a seven percent drop in its net income for 2020 to Php13.7 billion, as attributable to shareholders from the operations..
EDC 2020 income down 6.6%

EDC 2020 income down 6.6%

Lopez-led Energy Development Corporation (EDC) posted a 6.6% drop in earnings to Php11.5 billion in 2020 due to lower generation and spot market prices.  In..
EDC debuts green bond framework

EDC debuts green bond framework

As part of its push for renewable energy (RE), Lopez-led Energy Development Corporation (EDC) has launched its first green bond framework.  The RE firm said..