ABS-CBN reports on EDC donation for Yolanda victims
TV Patrol 11.15.13 ANC News 11.15.13 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 […]
EDC gets eight awards from Quill
Geothermal leader Energy Development Corporation (EDC) bagged eight Quill awards from the recently concluded 2013 Philippine Quill Awards, the country’s highest and most comprehensive recognition in business communication. This year, EDC was named second runner-up for company of the year, after reaping five excellence awards and two merit citations. Award of Excellence were given to […]
BUSINESS MIRROR: Beyond volcanoes and big fish
Special Feature from Business Mirror September 15, 2013 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 […]
EDC donates state-of-the-art laboratory equipment to UP
First in the Philippines.The University of the Philippines Institute of Biology is the first institution in the country to benefit from the Seeding Labs Equipment Transfer Program through funding assistance from Energy Development Corporation (EDC). Inspecting the DNA extractor and PCR (Polymerase Chain Reaction) machine from left to rightare EDC President and COO Richard Tantoco, […]
Management Report: Chairman’s Letter
Federico R. LopezEDC Chairman and CEO “We re-acquainted ourselves with the Lopez values that have brought us to where we are today. These values have been at the heart of our DNA as Lopez companies. It is our wish that these same values will also reside at the core of the multi-year transformation of EDC.” […]
President’s Letter
Richard B. TantocoEDC President and COO “Behavior follows structure and in line with this, we are restructuring the organization from being function-led to being driven by business units.” To our valued shareholders and stakeholders: Before I discuss our company’s 2012 performance, I would like to reflect, with great sadness, on the landslide that claimed 14 lives […]
Chief Financial Officer’s Report
Nestor H. VasayEDC Chief Financial Officer “The significant 1,587% leap in our bottom line shows that we are on the right track; we have gained the upper hand in our battle to overcome the difficult challenges that we confronted head on in the previous years.” Dear stakeholders, I am pleased to report to you that […]
EDC starts construction of 87 MW Burgos Wind Energy Project
Energy Development Corporation (EDC) issued the Notice to Proceed (NTP) to its wind farm contractor, Vestas, on June 21, 2013, marking the start of actual construction works at site for the initial 87 MW of what is intended to become a 150 MW wind farm. Since the project’s groundbreaking ceremony last April 19, 2013, certain preparatory early works had been undertaken at […]
EDC named one of the best in CSR by Finance Asia
EDC named one of the best in CSR by Finance Asia. For the second year in a row, geothermal leader Energy Development Corporation (EDC) was named by Finance Asia as one of the best in corporate social responsibility (CSR). The selection of best managed companies is done by investors and analysts across the region. Photo […]
Lopez Group grants P13 million to 7 research projects on climate change mitigation
The Oscar M. Lopez Center for Climate Change Adaptation and Disaster Risk Management Foundation, Inc. (The OML Center) has awarded research grants to seven projects aimed at mitigating climate change. University of the Philippines, Ateneo de Manila University, and De La Salle University received a total of P13 million in funding for their project proposals. […]