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                    [ArticleID] => 1377207
                    [Title] => Filinvest powers up energy comeback
                    [Summary] => 
Filinvest Development Corp. (FDC), the investment holding vehicle of the Gotianun family, is firming up its comeback in the power industry with plans to double its energy portfolio in five years’ time.

                    [DatePublished] => 2014-10-07 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 1372745
                    [Title] => Filinvest unit tops bidding for Mt Apo geothermal plants
                    [Summary] => 
FDC Misamis Power Corp. a power unit of the Gutianum familys Filinvest Development Corp., topped the bidding conducted by the Power Sector Assets and Liabilities Management Corp. (PSALM) for the selection of the independent power Producer Administrator (IPPA) for the output of Mindanao I and II (Mt. Apo 1 and 2) geothermal power plants.

                    [DatePublished] => 2014-09-25 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 1372413
                    [Title] => Mt Apo power plants attract 7 bidders
                    [Summary] => 
The Power Sector Assets and Liabilities Management Corp. (PSALM), the agency tasked to privatize state-owned power assets, said the bidding for the output of the Mindanao I and II (Mt. Apo 1 and 2) geothermal power plants has attracted seven investor groups.

                    [DatePublished] => 2014-09-24 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 793540
                    [Title] => Cebu Province to host power summit
                    [Summary] => 
The Province of Cebu is hosting a “power summit” to help address the looming power crisis in Mindanao.
                    [DatePublished] => 2012-04-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
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                    [ArticleID] => 619712
                    [Title] => EDC's P12-billion bonds retain highest rating
                    [Summary] => 
Domestic credit rating firm Philippine Rating Services Inc. (PhilRatings) has retained the highest mark on geothermal power producer Energy Development Corp.on its P12-billion bonds.
                    [DatePublished] => 2010-10-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 395389
                    [Title] => PNOC-EDC net profit drops 32% to P6.78B  in 2006
                    [Summary] => 


State-owned PNOC-Energy Development Corp. (PNOC-EDC) reported a 32 percent drop in net income for 2006 due to lower foreign exchange gains.


In a disclosure to the Philippine Stock Exchange (PSE), PNOC-EDC said its net earnings declined to P6.78 billion from P9.91 billion as foreign exchange gains last year reached only P2.88 billion, from P6.4 billion in 2005.


PNOC-EDC’s forex gains contributed 32.3 percent of total revenue in 2006 compared to 46 percent in 2005.


                    [DatePublished] => 2007-04-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [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
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MINDANAO I

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                    [ArticleID] => 1377207
                    [Title] => Filinvest powers up energy comeback
                    [Summary] => 
Filinvest Development Corp. (FDC), the investment holding vehicle of the Gotianun family, is firming up its comeback in the power industry with plans to double its energy portfolio in five years’ time.

                    [DatePublished] => 2014-10-07 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
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                    [ArticleID] => 1372745
                    [Title] => Filinvest unit tops bidding for Mt Apo geothermal plants
                    [Summary] => 
FDC Misamis Power Corp. a power unit of the Gutianum familys Filinvest Development Corp., topped the bidding conducted by the Power Sector Assets and Liabilities Management Corp. (PSALM) for the selection of the independent power Producer Administrator (IPPA) for the output of Mindanao I and II (Mt. Apo 1 and 2) geothermal power plants.

                    [DatePublished] => 2014-09-25 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
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                    [SectionUrl] => business
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                    [ArticleID] => 1372413
                    [Title] => Mt Apo power plants attract 7 bidders
                    [Summary] => 
The Power Sector Assets and Liabilities Management Corp. (PSALM), the agency tasked to privatize state-owned power assets, said the bidding for the output of the Mindanao I and II (Mt. Apo 1 and 2) geothermal power plants has attracted seven investor groups.

                    [DatePublished] => 2014-09-24 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
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                    [ArticleID] => 793540
                    [Title] => Cebu Province to host power summit
                    [Summary] => 
The Province of Cebu is hosting a “power summit” to help address the looming power crisis in Mindanao.
                    [DatePublished] => 2012-04-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
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                (
                    [ArticleID] => 619712
                    [Title] => EDC's P12-billion bonds retain highest rating
                    [Summary] => 
Domestic credit rating firm Philippine Rating Services Inc. (PhilRatings) has retained the highest mark on geothermal power producer Energy Development Corp.on its P12-billion bonds.
                    [DatePublished] => 2010-10-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 395389
                    [Title] => PNOC-EDC net profit drops 32% to P6.78B  in 2006
                    [Summary] => 


State-owned PNOC-Energy Development Corp. (PNOC-EDC) reported a 32 percent drop in net income for 2006 due to lower foreign exchange gains.


In a disclosure to the Philippine Stock Exchange (PSE), PNOC-EDC said its net earnings declined to P6.78 billion from P9.91 billion as foreign exchange gains last year reached only P2.88 billion, from P6.4 billion in 2005.


PNOC-EDC’s forex gains contributed 32.3 percent of total revenue in 2006 compared to 46 percent in 2005.


                    [DatePublished] => 2007-04-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [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
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abtest

Filinvest powers up energy comeback

October 7, 2014 - 12:00am

Filinvest Development Corp. (FDC), the investment holding vehicle of the Gotianun family, is firming up its comeback in the power industry with plans to double its energy portfolio in five years’ time.

Business

Filinvest unit tops bidding for Mt Apo geothermal plants

By Iris Gonzales | September 25, 2014 - 12:00am

FDC Misamis Power Corp. a power unit of the Gutianum familys Filinvest Development Corp., topped the bidding conducted by the Power Sector Assets and Liabilities Management Corp. (PSALM) for the selection of the...

Business

Mt Apo power plants attract 7 bidders

By Iris Gonzales | September 24, 2014 - 12:00am

The Power Sector Assets and Liabilities Management Corp. (PSALM), the agency tasked to privatize state-owned power assets, said the bidding for the output of the Mindanao I and II (Mt. Apo 1 and 2) geothermal power...

Business

Cebu Province to host power summit

April 3, 2012 - 12:00am

The Province of Cebu is hosting a “power summit” to help address the looming power crisis in Mindanao.

Cebu News

EDC's P12-billion bonds retain highest rating

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

Domestic credit rating firm Philippine Rating Services Inc. (PhilRatings) has retained the highest mark on geothermal power producer Energy Development Corp.on its P12-billion bonds.

Business

PNOC-EDC net profit drops 32% to P6.78B in 2006

By Donnabelle L. Gatdula | April 20, 2007 - 12:00am

State-owned PNOC-Energy Development Corp. (PNOC-EDC) reported a 32 percent drop in net income for 2006 due to lower foreign exchange gains. In a disclosure to the Philippine Stock Exchange (PSE), PNOC-EDC...

Business

EDC raises profit target to P1.1B

By Donnabelle L. Gatdula | December 1, 2003 - 12:00am

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...

Business