^
+ Follow BACMAN I Tag
BACMAN I
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1374619
                    [Title] => EDC targets full capacity of Bacman plants
                    [Summary] => 

Lopez-owned geothermal company Energy Development Corp., is aiming to hit the full capacity of 130 megawatts for the Bacon-Manito geothermal power plants by next year, the company top official said.

[DatePublished] => 2014-09-30 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1320096 [Title] => EDC on track to becoming leading global energy player [Summary] =>

Lopez-led Energy Development Corp. (EDC) is on track to becoming a leading global energy player as it continues to explore opportunities overseas, which could eventually translate to higher revenues from international operations.

[DatePublished] => 2014-05-07 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 608440 [Title] => EDC unit completes purchase of Bacman geothermal complex [Summary] =>

Bacman Geothermal Inc. (BGI), a wholly-owned subsidiary of Energy Development Corp. (EDC), has paid in full its P1.28-billion bid for the 150-megawatt Bacman geothermal power plant, effectively closing, the purchase of the asset from the Power Sector Assets and Liabilities Management Corp. (PSALM).

[DatePublished] => 2010-09-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 229929 [Title] => EDC raises profit target to P1.1B [Summary] => The Energy Development Corp. (EDC) of state-owned Philippine National Oil Co. (PNOC) has revised its income target for this year to P1.1 billion from an earlier programmed P1 billion.

"We have already exceeded the P1-billion mark in the first nine months of the year," EDC chairman and president Sergio Apostol said. He said they expect to further improve the company’s earnings in 2004 as the company lines up new power projects.
[DatePublished] => 2003-12-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 223444 [Title] => PNOC-EDC to seal $120-M geothermal deal with US firm [Summary] => The PNOC-Energy Development Corp. (EDC) will sign a $120- million contract with US energy firm Frontier for the optimization of its Bacon-Manito (Bacman) geothermal project in Sorsogon.

"We have a joint venture with an American firm, Frontier to put up an additional 40 megawatt (MW) in our geothermal facility in Sorsogon. A contract will be signed next month," EDC chairman and president Sergio Apostol told The STAR.

Apostol said the project will involve the construction of a power plant and development of geothermal fields in the area.
[DatePublished] => 2003-10-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with