EDC issuing Php15B in green bonds
- February 10, 2021
The Lopezes’ Energy Development Corporation (EDC) is set to issue green bonds worth Php15B within the year in a bid to push for its sustainable power projects. In a regulatory filing, EDC
The Lopezes’ Energy Development Corporation (EDC) is set to issue green bonds worth Php15B within the year in a bid to push for its sustainable power projects. In a regulatory filing, EDC
Lopez Holdings will continue to be listed in the Philippine Stock Exchange (PSE) after withdrawing its earlier petition for a voluntary delisting. In a disclosure to the PSE, Lopez Holdings — which
First Gen Hydro Power Corporation (FGHPC), a subsidiary of Lopez-owned First Gen Corporation, is investing Php6 billion to build the the 120-megawatt Aya pumped-storage project in Pantabangan, Nueva Ecija. In its report to the
The Department of Energy (DOE) has given the green light to six renewable energy (RE) suppliers, led by Lopez and Aboitiz-run firms, to offer cleaner energy options to consumers. Those given permits
Aboitiz Power Corporation remains the country’s top power generating firm, closely followed by San Miguel Corporation, based on the latest data from the Department of Energy (DOE). The DOE, in its 37th Electric
Lopez-led Energy Development Corporation (EDC) has begun construction works on the expansion of the Bacon-Manito (BacMan) Geothermal Power Plant. EDC recently announced that First Balfour, also a Lopez firm, has secured the Php1.3
FGEN LNG Corporation (FGEN LNG), a subsidiary of Lopez-owned First Gen Corporation, said it has selected three European bidders to continue on to the next stage of its binding tender process for
The Lopezes’ main holding firm is set to return to full private control in a bid to consolidate ownership and simplify corporate structure. Lopez Holdings, which trades under the ticker LPZ, proposed
Energy Sec. Alfonso Cusi defended the $50 million capital requirement for foreign companies entering the country’s geothermal sector, which was deemed to be “negligible.” Cusi pointed out that $50 million has been the amount
After stepping down as director of FirstGen Corporation, Eugenio “Gabby” Lopez III also left his post as Vice Chairman and Director of Lopez Holdings Corporation, together with his uncle Oscar Lopez, who