Hawaii state seeks EDC help for 100% RE goal by 2045

  The State of Hawaii is exploring a possible collaboration with Lopez-led Energy Development Corp. (EDC) as part of Hawaii’s bold energy agenda to achieve 100-percent renewable energy by the year 2045.  Read more here.

EDC to borrow P3.5B for refinancing

Energy Development Corp. (EDC) plans to borrow P3.5 billion towards the end of the year to refinance maturing loans, EDC vice president for corporate finance Erwin Avante said. Read more here.

EDC expects 2016 net income of P8.8 billion

LOPEZ-LED Energy Development Corp. (EDC) said on Thursday it may register flat earnings this year, mainly as a result of the unplanned outage of Unit 2 of the Tongonan geothermal plant.  Read more here.

EDC on climate change and adaptation 

Read the speech delivered by Federico Lopez during a breakout session of Al Gore’s Climate Reality Leadership Corps Training at Sofitel Philippine Plaza Manila in March. Lopez is the chair and CEO of First Philippine Holdings Group.