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                    [Title] => Meralco, Bacman ink power supply deal
                    [Summary] => 
Manila Electric Co. (Meralco), the country’s biggest power distributor, has signed a power supply agreement with Bacman Geothermal Inc., wholly-owned subsidiary of the Lopez-run Energy Development Corp.

                    [DatePublished] => 2014-11-27 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
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                    [ArticleID] => 1262846
                    [Title] => EDC seeks arbitration over BacMan dispute
                    [Summary] => 
Energy Development Corp. (EDC), the geothermal company of the Lopez Group, has filed for arbitration of its dispute with contractors tapped to rehabilitate the Bacon-Manito geothermal plants in Albay.

                    [DatePublished] => 2013-12-01 00:00:00
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                    [Title] => EDC turns around, books P8.57-B profit in 9 mos
                    [Summary] => 
With huge revenue contributions from subsidiaries, Energy Development Corp. (EDC) made a significant turnaround in the first nine months of 2012, posting a net income of P8.57 billion or a reversal from a net loss of P488 million in the same period last year.

                    [DatePublished] => 2012-11-21 00:00:00
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                    [ArticleID] => 685451
                    [Title] => EDC profit drops 61.4% to P1.45 B in January-March
                    [Summary] => 
Energy Development Corp. (EDC), the geothermal energy development arm of the Lopez Group, reported a 61.4-percent drop in its net income to P1.45 billion in the first quarter this year from P3.77 billion in the same period in 2010.
                    [DatePublished] => 2011-05-14 00:00:00
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                    [AuthorName] => Donnabelle L. Gatdula
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                    [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).
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                    [ArticleID] => 574329
                    [Title] => First Gen plans P5-billion preferred shares offer, doubles first quarter profit
                    [Summary] => 
First Gen Corp. the power generation unit of the Lopez Group, plans to raise up to P5 billion through the issuance of preferred shares in the fourth quarter of this year.
                    [DatePublished] => 2010-05-13 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Donnabelle L. Gatdula
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BACMAN GEOTHERMAL INC

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                    [ArticleID] => 1396153
                    [Title] => Meralco, Bacman ink power supply deal
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Manila Electric Co. (Meralco), the country’s biggest power distributor, has signed a power supply agreement with Bacman Geothermal Inc., wholly-owned subsidiary of the Lopez-run Energy Development Corp.

                    [DatePublished] => 2014-11-27 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
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                    [ArticleID] => 1262846
                    [Title] => EDC seeks arbitration over BacMan dispute
                    [Summary] => 
Energy Development Corp. (EDC), the geothermal company of the Lopez Group, has filed for arbitration of its dispute with contractors tapped to rehabilitate the Bacon-Manito geothermal plants in Albay.

                    [DatePublished] => 2013-12-01 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
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                    [ArticleID] => 869472
                    [Title] => EDC turns around, books P8.57-B profit in 9 mos
                    [Summary] => 
With huge revenue contributions from subsidiaries, Energy Development Corp. (EDC) made a significant turnaround in the first nine months of 2012, posting a net income of P8.57 billion or a reversal from a net loss of P488 million in the same period last year.

                    [DatePublished] => 2012-11-21 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 685451
                    [Title] => EDC profit drops 61.4% to P1.45 B in January-March
                    [Summary] => 
Energy Development Corp. (EDC), the geothermal energy development arm of the Lopez Group, reported a 61.4-percent drop in its net income to P1.45 billion in the first quarter this year from P3.77 billion in the same period in 2010.
                    [DatePublished] => 2011-05-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [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
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                    [AuthorName] => Donnabelle L. Gatdula
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                    [URL] => 
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                    [ArticleID] => 574329
                    [Title] => First Gen plans P5-billion preferred shares offer, doubles first quarter profit
                    [Summary] => 
First Gen Corp. the power generation unit of the Lopez Group, plans to raise up to P5 billion through the issuance of preferred shares in the fourth quarter of this year.
                    [DatePublished] => 2010-05-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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abtest

Meralco, Bacman ink power supply deal

By Iris Gonzales | November 27, 2014 - 12:00am

Manila Electric Co. (Meralco), the country’s biggest power distributor, has signed a power supply agreement with Bacman...

Business

EDC seeks arbitration over BacMan dispute

By Iris Gonzales | December 1, 2013 - 12:00am

Energy Development Corp. (EDC), the geothermal company of the Lopez Group, has filed for arbitration of its dispute with contractors tapped to rehabilitate the Bacon-Manito geothermal plants in Albay.

Business

EDC turns around, books P8.57-B profit in 9 mos

By Donnabelle L. Gatdula | November 21, 2012 - 12:00am

With huge revenue contributions from subsidiaries, Energy Development Corp. (EDC) made a significant turnaround in the first nine months of 2012, posting a net income of P8.57 billion or a reversal from a net loss...

Business

EDC profit drops 61.4% to P1.45 B in January-March

By Donnabelle L. Gatdula | May 14, 2011 - 12:00am

Energy Development Corp. (EDC), the geothermal energy development arm of the Lopez Group, reported a 61.4-percent drop in its net income to P1.45 billion in the first quarter this year from P3.77 billion in the same...

Business

EDC unit completes purchase of Bacman geothermal complex

By Donnabelle L. Gatdula | September 4, 2010 - 12:00am

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...

Business

First Gen plans P5-billion preferred shares offer, doubles first quarter profit

By Donnabelle L. Gatdula | May 13, 2010 - 12:00am

First Gen Corp. the power generation unit of the Lopez Group, plans to raise up to P5 billion through the issuance of preferred shares in the fourth quarter of this year.

Business