As part on news today on EDC, the company has also stated that intends to participate in the selection of the independent power producer administrator (IPPA) for the Mt. Apo 1 and 2 geothermal power plants in Mindanao, Philippines.
EDC is operating the plant, so it makes sense for the company to also sell the capacity to the market, so CFO of First Philippines Holding Francis Giles B. Puno.
Source: 4 Traders Website
