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FIRST LUZON GEOTHERMAL ENERGY CORP

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abtest

First Luzon Geothermal ups capital to P1 billion

By Zinnia B. Dela Peña | August 30, 2010 - 12:00am

First Luzon Geothermal Energy Corp., a wholly-owned unit of the Lopez-led Energy Develpment Corp., has raised its capitalization to P1 billion from a meager P1 million.

Business

Green Core secures ERC certificates

By Donnabelle L. Gatdula | June 24, 2010 - 12:00am

Green Core Geothermal Inc. (GCGI), the geothermal development arm of the Lopezes, has secured certificates of compliance (COCs) from the Energy Regulatory Commission (ERC).

Business

EDC to pay $123.8 million for 2 geothermal plants

By Donnabelle L. Gatdula | December 2, 2009 - 12:00am

Energy Development Corp. (EDC), the country’s largest renewable energy company, will pay the Power Sector Assets and Liabilities Management Corp. (PSALM) $123.8 million for the purchase of two geothermal power...

Business

EDC takes over Tongonan, Palinpinon geothermal plants

By Donnabelle L. Gatdula | October 26, 2009 - 12:00am

Energy Development Corp. (EDC), the country’s largest geothermal energy developer, assumed operations of the 112.5-MW Tongonan 1 and 192.5-MW Palinpinon geothermal power plants last Oct. 23.

Business

Lopez firm bags geothermal plant package for $220 million

By Donnabelle L. Gatdula | September 3, 2009 - 12:00am

Green Core Geothermal Inc., a wholly-owned unit of Lopez-controlled Energy Development Corp. (EDC), won yesterday’s auction for the Palinpinon-Tongonan geothermal power plant package, the Power Sector Assets...

Business