Energy Development Corp.

Energy Development Corp.

Sector: Combination Utilities Not Elsewhere Classified Region: Philippines

: | OTC Markets: EGDCY | Philippine Stock Exchange: EDC

Energy Development Corp. engages in the exploration, development, and operation of geothermal energy projects. It also provides consultancy services. The company operates through following segments: Electricity, Steam and Drilling. The Electricity segment is involved in the generation of electricity and production of geothermal steam through geothermal power plants for sale to National Power Corp. and privately-owned distribution utilities. The Drilling segment relates to performing drilling services for Lihir Gold Ltd. in Papua New Guinea. The company was founded on March 5, 1976 and is headquartered in Pasig, Philippines.

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