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PNOC-EDC

Sector: Commercial • Location: Philippines

Source: International Finance Corporation (IFC)

Project
Completed

Note: The schedule for the Board meeting is driven by the financing timeline. To comply with the IFC disclosure requirements the decision of the Board meeting of November 16 will become effective upon the expiration of the required 30-day disclosure period for a Category B project.PNOC-Energy Development Corporation (PNOC-EDC or the company) is an integrated geothermal steam and electric power pro

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Project Information

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The project “PNOC-EDC” is an infrastructure initiative in the Commercial sector, located in Philippines. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

Note: The schedule for the Board meeting is driven by the financing timeline. To comply with the IFC disclosure requirements the decision of the Board meeting of November 16 will become effective upon the expiration of the required 30-day disclosure period for a Category B project.PNOC-Energy Development Corporation (PNOC-EDC or the company) is an integrated geothermal steam and electric power producer with its core activities being the exploration, development, and production of geothermal energy. The company presently engages private-sector electric power generators to operate geothermal power plants on a build-operate-and transfer (BOT) basis for a specified 10-year concession period. IFC is planning to provide financial support to the company to assist them in their medium term capital expenditure program.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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