EDC reports a 31 percent increase in 2010 net income

Energy Development Corporation (EDC), the country’s leading producer of geothermal energy, posted a net income of Php4.4 billion, up by 31 percent from the Php3.4 billion reported in 2009.  The increase is primarily attributable to the full year electricity revenues from its power generation subsidiary Green Core Geothermal Inc. (GCGI) which operates the Tongonan and […]