EDC establishes threatened species arboretum in UP
Greenpartnership. Energy Development Corporation has established a “Threatened Species Arboretum” in UP Diliman. The 1-hectare arboretum will serve as a gene bank for high-value but fast-dwindling native trees such as yakal, tindalo and kamagong. Shown leading the inauguration of the arboretum from left to right are EDC Chairman Federico Lopez, EDC Chairman Emeritus Oscar […]
Burgos Wind Power Project successfully commissioned
On 05 November 2014, EDC Burgos Wind Power Corporation (EBWPC), an affiliate ofEnergy Development Corporation (EDC), informed the Department of Energy (DOE)that its 150 megawatts (MW) Burgos Wind Project had achieved successfulcommissioning. Under the DOE’s Guidelines for the Selection Process of RenewableEnergy Projects Under Feed-In Tariff System and the Award of Certificate for Feed-InTariff Eligibility, […]
EDC secures $315M financing for Burgos wind project
Lopez-led Energy Development Corporation (EDC) signed a $315 million financing agreement with a group of foreign and local banks for the construction of the 150-MW Burgos Wind Project (BWP) in Ilocos Norte. The facility which consists of US dollar and Philippine peso tranches will mature in 15 years. Eksport Kredit Fonden, Denmark’s export credit […]
Lopez Group turns over 24 new classrooms to four schools in Leyte
The Lopez Group through funds donated to the Sagip Kapamilya Program of ABS-CBN Lingkod Kapamilya Foundation, Inc. completed the construction of four new buildings with 14 typhoon-resilient classrooms in New Ormoc City National High School in Ormoc City, Matlang Elementary School in Isabel, and San Joaquin National High School in Palo. The group also finished the repair of 5 buildingswith 10 […]
Lopez Group turns over 24 new classrooms to four schools in Leyte
Students of four schools in Leyte will never worry again about missing their classes or worse, losing their classrooms to devastating typhoons. The Lopez Group through funds donated to the Sagip Kapamilya Program of ABS-CBN Lingkod Kapamilya Foundation, Inc. completed the construction of four new buildings with 14 typhoon-resilient classrooms in New Ormoc City National […]
EDC unit inks long-term power supply deal with Capiz coop
Green Core Geothermal Inc. (GCGI), a subsidiary of geothermal leader Energy Development Corporation (EDC) and the Capiz Electric Cooperative, Inc. (CAPELCO) signed an amendment to their Power Supply Agreement (PSA) extending the existing contract until December 2040. GCGI and CAPELCO agreed on a new price pursuant to the re-pricing provisions and market-based price structure in […]
Burgos Wind Sec 9 (f) Application
2014-0827 ERC Order and Notice of Hearing Application BWPP CA 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 […]
EDC’s tech-voc school is Region 8’s best anew
For the second year in a row, the Kananga EDC Institute of Technology (KEITECH), the technical vocational school established by geothermal leader Energy Development Corporation (EDC), Technical Education and Skills Development Authority (TESDA), and the municipal government of Kananga, Leyte, received the Kabalikat Award for being the best among TESDA’s institutional partners in Region 8. […]
EDC brings BINHI to Palawan
Sealing the EDC-BINHI partnership agreement are EDC forester Ronino Gibe (left), WPU President Elsa Manarpaac (center) and WPU Dean Lita Sopsop. Geothermal leader Energy Development Corporation (EDC) spearheaded the planting of 14 species of endangered premium native trees inside the Western Philippines University (WPU) campus in Aborlan, Palawan. The tree-planting activity is part […]
OPARR cites typhoon-resistant classrooms
The school buildings and classrooms being constructed in Leyte by the Lopez Group through ABS-CBN Sagip Kapamilya and Energy Development Corporation (EDC) are built to last. This was the assessment of Undersecretary Danilo Antonio and Director Irwin Baylon of the Office of the Presidential Assistant for Rehabilitation and Recovery (OPARR) when they inspected the school […]