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.

First Gen allots $470M for hydro projects

LOPEZ-LED First Gen Corp. is spending about $470 million on hydropower projects over a three-year period to further diversify its clean energy portfolio, which is currently dominated by natural gas-fired power plants. Read more here.

First Gen profit to boost on 2 new plants

Lopez-led First Gen Corp. expects a positive boost this year coming from the start of operations of its two new natural gas-fired power plants in Batangas, the 97MW Avion and the 414MW San Gabriel plants, company officials said yesterday. 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.