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EDC plans to drill two geothermal prospects - BusinessWorld Online

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EDC eyes to drill two geothermal prospects | Power Philippines

Energy Development Corporation (EDC), led by the Lopez Group, is actively expanding its geothermal power generation capacity in the country with two identified prospects that..

EDC ramps up geothermal capacity

Lopez-led Energy Development Corporation (EDC) will be reinforcing its geothermal capacity with at least six new projects being lined up for completion by end-2022 and in the next five years. Atty. Allan Barcena, assistant vice president and head of public relations at EDC, noted that four pro

First Gen moves to secure LNG supply

First Gen Corp. (FGen) said its search for liquefied natural gas (LNG) suppliers has elicited “positive feedback.” FGen Executive Vice President and Chief Commercial Officer John Russel said interested suppliers should be able to deliver supply starting 2023 up to 2027 and facilitate spot LNG purchases to supplement LNG supply…

First Gen earmarks $550-M capex this year

Lopez-led First Gen Corporation has earmarked $550-million capital expenditure (capex) to bankroll its ongoing projects, with the bulk going into into expansion ventures of subsidiary Energy Development Corporation. During the company’s annual stockholders meeting, Emmanuel P. Singson, chief fin

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