First Gen Corporation (FGEN) #46748
Created at
2025-01-27
Last update
2025-01-27
0 Parents (Involvements as child)
1 Children (Involvements as parent)
ID
Name
Energy Development Corporation (EDC)
Country of registration/origin
Philippines
Classification
Stock-exchange listed company
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Comment
Energy Development Corporation (EDC), the world’s largest vertically-integrated geothermal company, is a subsidiary of First Gen that is primarily engaged in the exploration, development, operation, and optimization of geothermal steamfields, and in power generation. Prior to November 2007, EDC was a government-owned and controlled corporation, known as Philippine National Oil Company-Energy Development Corporation (PNOC-EDC).