Energy Development Corp - Company Profile

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Energy Development Corp: Segment Analysis

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Business Description

Energy Development Corp (EDC) is primarily engaged in exploring, developing, and operating geothermal projects and other renewable energy sources such as hydro, wind, and solar. It is a major operator in wet steam field technology and serves the renewable energy industry. EDC has a total installed capacity of 1,388.8 megawatts (MW), contributing significantly to the Philippines' renewable energy sector. Energy Development Corp (EDC) operates strategic geothermal business units located in Bicol, Leyte, Negros Island, and Mindanao. The company also manages a combined wind and solar farm in Burgos, Ilocos Norte, and substantial hydro assets in Nueva Ecija. EDC's generation portfolio includes 1,169.8 MW of geothermal energy, 150 MW of wind power, 132 MW of hydroelectric power, and 12 MW of solar power. The company supplies 100 percent naturally sourced power to the national grid, supporting the country's economic growth. EDC is involved in comprehensive watershed management strategies, including forest protection, restoration, and biodiversity conservation. The company aims to enhance ecosystems and uplift the lives of partner communities. EDC's operations align with 10 of the 17 United Nations Sustainable Development Goals (SDGs).

Business Segments

Performance

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Performance

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Performance

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Performance

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