EDC Submits the 2009 CG Scorecard Response
For the third consecutive year, Energy Development Corporation (EDC), submitted its response to the 2009 Corporate Governance Scorecard last October 15, 2009. The Corporate Governance Scorecard (CGSC) is a project of the Institute of Corporate Directors (ICD) in collaboration with the Securities and Exchange Commission (SEC), the Philippine Stock Exchange (PSE) and the Ateneo de […]
EDC Partners with Ayala Anew, Sows Rare and Premium Native Trees in Nuvali
Buoyed by the success of its earlier tie-up with Ayala-supported Bonifacio Estate Services Corporation (BESC) and Ayala Foundation, renewable energy company Energy Development Corporation (EDC) has linked up anew with the conglomerate to bring its “Binhi: Tree for the Future” program inside the prime Nuvali eco-community in Laguna.
EDC Named in Top 15 Corporations on Corporate Governance
Last April 22, 2009, the Institute of Corporate Directors (ICD) presented to the public the results of the recently concluded Corporate Governance Scorecard Survey, recognizing the efforts of the 15 top-performing publicly-listed corporations (PLCs) for outstanding corporate governance policies and practices.
EDC Takes Over Mindanao Geothermal Power Plants
Energy Development Corporation (EDC) continues to boost its current portfolio of power generation assets as it assumes full ownership and operation of the 52-MW Mindanao 1 and 54-MW Mindanao 2 geothermal power plants. Energy Development Corporation (EDC) continues to boost its current portfolio of power generation assets as it assumes full ownership and operation of […]
EDC Opens Topnotch School for “Great Nation Builders”
“Our forebears once held the repute as one of the world’s greatest builders. That we can carry on this legacy as we impart our skills and talents to join the ranks of the world’s greatest nation builders is the fervent goal of the school we are opening today,”
EDC Cited for Good Corporate Governance Performance
For the second time in a row, Energy Development Corporation (EDC), the country’s largest producer of geothermal energy, made it to the elite list of corporations that ranked high in corporate governance.
Land Bank Approves Php2 million Credit Facility for EDC-organized Federation in Bicol
Communities hosting the operations of geothermal energy firm Energy Development Corporation (EDC) in Sorsogon and Albay can look forward to a steadier income stream after their umbrella organization secured a credit line from state-owned Land Bank of the Philippines recently. The Federation of Bacman Host Communities (FEDBAHC), comprised of the nine community associations representing the […]
EDC Increases Capital to Php30.15B; Declares 25% Stock Dividend
The Board of Directors of EDC approved management’s recommendation to increase the company’s capitalization to Php 30.15 billion from the present Php 15.075 billion.
EDC to Establish 200-hectare Reforestation and Mega Nursery Project in Sierra Madre
Energy Development Corporation (EDC) and the Provincial Government of Isabela have joined forces to protect and rehabilitate the Northern Sierra Madre Natural Park (NSMNP).
EDC Helps Launch a New Legacy
The Lopez family launched its biggest reforestation program with the help of EDC last December 11, 2008. This unprecedented undertaking aims to restore the country’s disappearing biodiversity while addressing the livelihood needs of upland communities. Dubbed ‘Binhi: A Greening Legacy,’ the program rethinks the whole of idea of reforesting the Philippines in a new, more […]