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 a disclosure to the Philippine Stock Exchange...
First Gen Corporation has been chosen by Megaworld Corporation to supply 6.17 megawatts (MW) of geothermal energy to its four buildings in Bonifacio Global City (BGC), Taguig City. Under the two-year deal,...
Lopez-owned Energy Development Corporation (EDC) has tapped Milan-based Exergy International for the supply of an organic rankine cycle (ORC) binary system for its first brine recovery geothermal plant at the foot of...
Lopez-led Energy Development Corp. (EDC) has allotted Php17 billion in capital expenditures (capex) this year for its growth projects and to ensure long-term development. Based on a report from The Philippine Star,...
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 of its 3,492-megawatt (MW) clean, low-carbon, and...
First Gen Corporation announced it will allocate up to 690 megawatts (MW) of geothermal power for the Department of Energy’s (DOE) green energy option program (GEOP). In a report by BusinessWorld, First...
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 a report by The Philippine Star, EDC...
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 the framework was developed in accordance to...
Five power generators led by Lopez-led Energy Development Corporation (EDC) have submitted bids to the Department of Energy (DOE) in its third Open and Competitive Selection Process (OCSP3), which aims develop renewable energy...
Lopez-led Energy Development Corporation (EDC) has tapped two companies under the Mitsubishi Group to install equipment for the Bacon-Manito (BacMan) Geothermal Power Plant’s expansion. In a statement, Mistubushi Heavy Industries said that...
