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Energy Dev II

Sector: Water Supply and Storage • Location: Philippines

Source: International Finance Corporation (IFC)

Project
Active

EDC is an integrated geothermal steam and electric power producer with its core activities in exploration, development, and production of geothermal energy in the Philippines. The company is headquartered in Metro Manila, Philippines, and its major projects are located on the islands of Luzon, Leyte, Mindanao, and Negros. The company is an existing IFC client in good standing, and is seeking a dir

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The project “Energy Dev II” is an infrastructure initiative in the Water Supply and Storage sector, located in Philippines. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

EDC is an integrated geothermal steam and electric power producer with its core activities in exploration, development, and production of geothermal energy in the Philippines. The company is headquartered in Metro Manila, Philippines, and its major projects are located on the islands of Luzon, Leyte, Mindanao, and Negros. The company is an existing IFC client in good standing, and is seeking a direct IFC investment of up to $75 million, and a potential mobilization of another $75 million from bilateral sources. The proceeds of the loans will be used to partially finance the company’s medium term capital expenditure plan.

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Source reliability

High

Data quality score

100%

Source

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URL

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