EDC recognized as one of ASEAN’s best in corporate governance
Geothermal leader Energy Development Corporation (EDC) was recently recognized for its outstanding corporate governance practices by the Institute of Corporate Directors (ICD). ICD is a non-stock, non-profit organization dedicated to the professionalizing corporate directorship by raising corporate governance standards. It assessed and ranked different publicly listed companies through the ASEAN Corporate Governance Scorecard (ACGS). Companies were ranked […]
EDC BOARD APPROVES VOLUNTARY DELISTING TENDER OFFER
The Board of Directors of Energy Development Corporation (EDC) approved yesterday the company’s plan to voluntarily delist its common shares from the Philippine Stock Exchange (PSE) and, in accordance with the PSE’s delisting regulations, to conduct a tender offer (the Tender Offer) for all of its common shares held by the public, at a price […]
EDC and Miriam College partners to propagate premium threatened native trees
MIRIAM COLLEGE SUPPORTS THE PROPAGATION OF PREMIUM THREATENED NATIVE TREES. Miriam College, a premier Filipino Catholic education institution, has teamed up with geothermal leader Energy Development Corporation’s (EDC) BINHI program to preserve premium threatened native tree species. A total of 25 trees from 11 different native tree species were planted in the Mini Forest Park […]
2017 Annual Report
EDC 2017 Performance Report The Energy Development Corporation (EDC) is a pioneer in generating 100% clean, renewable, and reliable power as an electricity supplier in the Philippines for over 40 years. With power plants all over Visayas and Mindanao, the company is one of the biggest producers of geothermal energy in Asia and is expanding […]
ERC Case No. 2017-010 MC, “In the Matter of the Application for Approval…”
ERC Case No. 2017-010 MC, “In the Matter of the Application for Approval of Applicant’s (1) Business Separation Unbundling Plan (BSUP) and (2) Accounting Cost Allocation Manual (ACAM) in Compliance with Republic Act No. 9136 and its Implementing Rules and Regulations” ERC Case No. 2017-010 MC, “In the Matter of the Application for Approval […]
Notice of the 2018 Annual Stockholders’ Meeting
The Stockholders of Energy Development Corporation are hereby notified of the holding of the annual stockholders’ meeting on May 8, 2018, at 10:00 A.M. at the East Tower Function Room, One Rockwell, Rockwell Drive, Makati City. The record date for stockholders entitled to notice and to vote at the meeting is on March 15, 2018. […]
EDC emerges as lone Phl company in global Carbon Clean 200 list
Lopez-led Energy Development Corporation (EDC), the country’s geothermal energy leader, has added another feather to its cap by emerging as the only Philippine company to make it to the list of the world’s 200 biggest publicly listed companies that draw significant revenues from clean energy. EDC’s inclusion in the list, called Carbon Clean 200™, […]
EDC statement on the effect of TS Urduja on its Leyte Geothermal Project
We confirm that operations of our Leyte geothermal facility have been affected by landslides and flooding brought by Typhoon Urduja. As of the evening of 18 December, the Leyte geothermal facilities were producing 246 MW as compared to 462 MW before the typhoon hit. Our team is evaluating the full extent of the damage […]
EDC gears up for future growth with new strategic partner
Officials from First Gen Corporation (First Gen) and Philippines Renewable Energy Holdings Corporation (PREHC) pose for a group photo during ceremonies on, October 3,2017, to mark the commencement of their strategic partnership as substantial shareholders in Energy Development Corporation (EDC). The formal ceremonies followed the success of a voluntary tender offer launched by PREHC in […]
ERC Case No. 2017-025 RC, “In the Matter of the Application for Approval of the Ancillary Services…
ERC Case No. 2017-025 RC, “In the Matter of the Application for Approval of the Ancillary Services Procurement Agreement between the National Grid Corporation of the Philippines and Green Core Geothermal, Inc. with Prayer for Provisional Authority” NPH – ERC Case No. 2017-025 RC Application – ERC Case No. 2017-025 RC Order – ERC Case No. 2017-025 RC […]