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EDC expects earnings slowdown in H2

2017-08-14 philstar
MANILA, Philippines - Energy Development Corp. (EDC), the renewable energy arm of the Lopez Group, expects a slight slowdown in earnings growth in the second half of the year following the 6.5-magnitude earthquake that damaged its Leyte geothermal power plants.

Breaking out is hard to do

2017-08-14 philstar
Our title may ring a familiar tune to some, especially to music aficionados. This is because the title of our article sounds very much like the title of Neil Sedaka’s hit song, “Breaking up is hard to do.” Actually, in this article, we shall discuss the PSEi’s repeated failure to stage a convincing breakout past 8,000. We shall also explain the reasons that may drive the PSEi’s decisive breakout above 8,000.

Duterte places Ormoc City, Kananga town under state of calamity

2017-08-10 newsinfo.inquirer.net
Cracks caused by the magnitude 6.5 earthquake on Thursday, July 6, 2017, are visible in Barangay Tongonan, Ormoc City in Leyte. On the background are steams coming from the geothermal power plants ran by the Energy Development Corp. (Photo courtesy of CATHY IG-AGAO PANGANIBAN)

PH shares rebound; EDC sizzles

2017-08-04 business.inquirer.net
The local stock barometer rebounded to the 7,900 level on Friday led by geothermal power producer Energy Development Corp. (EDC), which recently attracted a new investor group.

EDC share sale powers index recovery

2017-08-04 philstar
MANILA, Philippines - The stock market recovered yesterday, buoyed by the jump in share prices of the Lopez family’s Energy Development Corp. (EDC) and First Gen Corp. after announcing the sale of a stake in EDC.

PSEi climbs to 7,900 as EDC sizzles

2017-08-04 business.inquirer.net
The local stock barometer rebounded to the 7,900 level on Friday led by geothermal power producer Energy Development Corp. which attracted a new investor group.

S-E Asia stocks mostly up ahead of US non-farm payroll data

2017-08-04 themalaymailonline
The Philippine Stock Exchange PSEI Index rose as much as 1.1 per cent and was headed for a second straight session of gains. — Reuters picSINGAPORE, Aug 4 — Most South-east Asian stock markets edged up today ahead of US non-farm payroll data for July, with Philippine shares leading the rise on the back of gains in Energy Development Corp and its parent company, First Gen Corp.

First Gen sells 31.5% of EDC

2017-08-03 philstar
Lopez-led First Gen Corp. is selling up to 31.5 percent of subsidiary Energy Development Corp. (EDC) to the consortium of investment fund managers managed by Macquarie Infrastructure and Real Assets (MIRA) and Arran Investment Pte Ltd of Singapore-based GIC for P64.5 billion. Photo taken from First Gen Corp. Facebook page

Deals of the day-Mergers and acquisitions

2017-08-03 reuters
Aug 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Thursday:

Half-year Report

2017-08-02 londonstockexchange
The Company's objective is to enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy, water and waste. Investments are made predominantly in quoted companies which provide, utilise, implement or advise upon technology-based systems, products or services in environmental markets, particularly those of alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management (which includes sustainable food, agriculture and forestry).

Power to be restored in Eastern Visayas by end of July – DOE

2017-07-13 newsinfo.inquirer.net
The National Grid Corporation of the Philippines announced on July 13, 2017 that it has energized the two transformers of its Ormoc City Substation and it has started to undergo tests preparatory to receiving electricity from the Energy Development Corporation. (Photo from the Facebook page of the NGCP)

Quake-hit Ormoc to get visit from Duterte

2017-07-12 newsinfo.inquirer.net
Cracks caused by the magnitude 6.5 earthquake on July 6, 2017, are visible in Barangay Tongonan, Ormoc City in Leyte. On the background are steams coming from the geothermal power plants ran by the Energy Development Corp. PHOTO COURTESY OF CATHY IG-AGAO PANGANIBAN

Declare state of calamity in quake-struck Eastern Visayas, gov’t urged

2017-07-12 newsinfo.inquirer.net
Cracks caused by the magnitude 6.5 earthquake on Thursday, July 6, 2017, are visible in Barangay Tongonan, Ormoc City in Leyte. On the background are steams coming from the geothermal power plants ran by the Energy Development Corp. (Photo courtesy of CATHY IG-AGAO PANGANIBAN)

Cebu rotating brownout to continue—Visayas power distributor

2017-07-11 newsinfo.inquirer.net
A worker from the Visayan Electric Company (Veco) checks up on power lines at the height of a brownout in Mandaue City. TONEE DESPOJO/CEBU DAILY NEWS FILE PHOTO

Duterte cancels trip to quake-hit Ormoc; Cabinet men to discuss rehab

2017-07-09 newsinfo.inquirer.net
Cracks caused by the magnitude 6.5 earthquake on Thursday, July 6, 2017, are visible in Barangay Tongonan, Ormoc City in Leyte. On the background are steams coming from the geothermal power plants ran by the Energy Development Corp. (Photo courtesy of CATHY IG-AGAO PANGANIBAN)

Power back in Bohol, but only briefly

2017-07-09 newsinfo.inquirer.net
TAGBILARAN CITY — There was only one way resident Jenalyn Castro would know if electricity had returned to her home — flick the switch.

EDC working 24/7 to restore power in Leyte

2017-07-08 newsinfo.inquirer.net
Cracks caused by the magnitude 6.5 earthquake on Thursday, July 6, 2017, are visible in Barangay Tongonan, Ormoc City in Leyte. On the background are steams coming from the geothermal power plants ran by the Energy Development Corp. Photo courtesy of Cathy Ig-agao Panganiban

No power for 1 week in quake-hit areas

2017-07-08 newsinfo.inquirer.net
Energy officials on Friday said that the power outage in the provinces of Bohol, Samar, Biliran and Southern Leyte and parts of Leyte might last for a week or two after Thursday’s powerful earthquake rocked Eastern Visayas.

EDC shuts down geothermal power plants in Ormoc

2017-07-07 newsinfo.inquirer.net
Cracks caused by the magnitude 6.5 earthquake on Thursday are visible in Barangay Tongonan, Ormoc City in Leyte. On the background are steams coming from the geothermal power plants ran by the Energy Development Corp. Photo courtesy of Cathy Ig-agao Pabganiban

Leyte local execs appeal for food, water

2017-07-07 newsinfo.inquirer.net
The three-story New Town commercial building in Kananga town, Leyte, collapsed after a strong tremor hit the province on Thursday afternoon, July 6, 2017. (Contributed photo)

After powerful quake, Boholanos wail over long blackout

2017-07-07 newsinfo.inquirer.net
TAGBILARAN CITY, Bohol- Michelle Barimbao, 28, had to buy kerosene at a gasoline station in the city since the sari-sari stores had run out of supply after the blackout gripped the province following Thursday’s earthquake.

Cheers from quake-hit Leyte:  6 people pulled out from rubble

2017-07-06 newsinfo.inquirer.net
The three-story New Town commercial building in Kananga town, Leyte, collapsed after a strong tremor hit the province on Thursday afternoon, July 6, 2017. (Contributed photo)

Lopez Group brings renewables to schools

2017-06-18 philstar
MANILA, Philippines -  Interesting renewable energy projects and proposals from college students in different schools all over the country are competing in a Lopez Group-supported interschool tilt for the best renewable energy idea or solution for poor, rural communities.

First Holdings attains 52% carbon neutrality level

2017-06-07 philstar
MANILA, Philippines -  First Philippine Holdings Corp. (FPH) has expanded the scope of information available to the public in its 2016 Annual Report by supplementing it with a Sustainability Report, adhering to the standards set by the Netherlands-based Global Reporting Initiative (GRI).

CORRECTION FROM SOURCE: Crystal Peak Minerals Inc. Announces Receipt of Substantial Utah Tax Credit

2017-06-05 marketwired
This document corrects and replaces the press release that was sent on May 31, 2017 at 07:30 a.m. ET.

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