What Does Energy Development Corporation Do?

Total employees1677
HeadquartersPasig City
Founded1976

Energy Development Corporation (EDC) is a pioneer in the geothermal energy industry and the Philippines' largest 100% renewable energy producer. A subsidiary of First Gen Corporation, EDC is committed to powering a sustainable future through its diverse portfolio of geothermal, hydro, solar, and wind power projects. With a strong focus on responsible operations and regenerative development, EDC strives to elevate environmental and social well-being alongside its business growth. The company is globally recognized for its technical expertise in geothermal exploration, development, and operation.

Where Is Energy Development Corporation's Headquarters?

HQ Function

Serves as the central command for EDC's nationwide renewable energy operations, strategic planning, corporate governance, and stakeholder engagement.

Notable Features:

Located in One Corporate Centre, a modern PEZA-accredited office tower in the bustling Ortigas Business District, known for its contemporary architecture and accessibility.

Work Culture:

EDC fosters a professional, collaborative, and innovative work environment, driven by a shared commitment to sustainability, safety, and national development. Employees are encouraged to contribute to a 'regenerative' future by positively impacting the environment and communities.

HQ Significance:

The headquarters symbolizes EDC's leadership in the Philippine renewable energy sector and its role as a key player in the country's transition to cleaner energy sources. It's the hub for decisions impacting national energy security and environmental stewardship.

Values Reflected in HQ: The choice of a modern, efficient, and strategically located headquarters in a prime business district reflects EDC's values of excellence, innovation, sustainability, and responsible corporate citizenship.

Location:

While Energy Development Corporation's core generation assets are concentrated in the Philippines, where it is the leading 100% renewable energy producer, its expertise in geothermal energy is recognized globally. EDC actively participates in international forums, shares its extensive technical expertise, and has previously explored geothermal exploration and development opportunities in countries such as Chile, Peru, and Indonesia. Its global influence stems from its pioneering work in wet steamfield technology, sustainable operational practices, and its commitment to a regenerative future, impacting renewable energy dialogues worldwide.

Street Address:

One Corporate Centre, Julia Vargas Ave. cor. Meralco Ave., Ortigas Center

City:

Pasig City

State/Province:

Metro Manila

Country:

Philippines

Where Else Does Energy Development Corporation Operate Around the World?

Tongonan, Kananga, Leyte, Philippines

Address: Leyte Geothermal Production Field, Tongonan, Kananga, Leyte

Supplies baseload renewable energy to the Visayas grid, significantly contributing to the region's power stability and supporting local economic activities with clean energy.

Valencia, Negros Oriental, Philippines

Address: Southern Negros Geothermal Production Field, Palinpinon, Valencia, Negros Oriental

Provides essential renewable energy to Negros Island and parts of the Visayas, fostering sustainable development and reducing reliance on fossil fuels in the region.

Manito, Albay / Sorsogon City, Sorsogon (Bicol Region), Philippines

Address: Bac-Man Geothermal Production Field, Sorsogon Province/Albay Province

Delivers vital geothermal power to the Luzon grid, enhancing energy security for the Philippines' main economic and population center.

Kidapawan City, North Cotabato, Philippines

Address: Mount Apo Geothermal Production Field, Ilomavis, Kidapawan City

Supplies clean and reliable electricity to Mindanao, contributing to the island's energy independence and sustainable growth while prioritizing environmental stewardship.

Buying Intent Signals for Energy Development Corporation

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Energy Development Corporation? Meet the Executive Team

As of April 2025, Energy Development Corporation' leadership includes:

Federico R. Lopez - Chairman
Jerome H. Cainglet - President and Chief Operating Officer
Erwin O. Avante - Senior Vice President, Chief Financial Officer, Treasurer, and Chief Compliance Officer
Ariel L. Repato - Senior Vice President, Head of Strategic Business Development and Power Marketing, Trading & Economics
Liberato S. Virata - Senior Vice President, Head of Facilities Operations & Maintenance Group
Marsha P. Alvarado - Senior Vice President, Head of Corporate Support Functions Group and Chief Risk Officer

Who's Investing in Energy Development Corporation?

Energy Development Corporation has been backed by several prominent investors over the years, including:

First Gen Corporation (Parent Company)
Lopez Group of Companies (Ultimate Parent Conglomerate)

What Leadership Changes Has Energy Development Corporation Seen Recently?

Hire1
Exits0

In the past year, Energy Development Corporation saw a significant leadership update with the appointment of a new President and Chief Operating Officer, reinforcing its strategic direction in the renewable energy landscape.

Departures

Richard B. Tantoco, Richard B. Tantoco transitioned from his role as President and COO of EDC, continuing his leadership at parent company First Gen.

New Appointments:

Jerome H. Cainglet, Jerome H. Cainglet was appointed as the new President and Chief Operating Officer of Energy Development Corporation.

What Technology (Tech Stack) Is Used byEnergy Development Corporation?

Discover the tools Energy Development Corporation uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Energy Development Corporation Email Formats and Examples

Energy Development Corporation typically uses standardized corporate email formats for its employees. The most common structure involves a combination of the employee's first and last name, followed by the company's domain, @energy.com.ph. This allows for consistent and professional communication.

[first_initial][last_name]@energy.com.ph

Format

jdoe@energy.com.ph

Example

70%

Success rate

What's the Latest News About Energy Development Corporation?

BusinessWorld OnlineMarch 7, 2024

Energy Development Corporation net income up 11% to P11.1B in 2023

Energy Development Corp. (EDC) reported an 11% increase in its attributable net income to P11.1 billion in 2023, driven by higher electricity prices and increased generation from its geothermal and hydro plants....more

Philstar.comNovember 8, 2023

Energy Development Corporation names new president, COO

Lopez-led Energy Development Corp. (EDC) has appointed Jerome Cainglet as its new president and chief operating officer effective Nov. 1, 2023, succeeding Richard Tantoco who will focus on his role at parent company First Gen....more

Manila StandardFebruary 29, 2024

Energy Development Corporation allots P60b for geothermal expansion

Energy Development Corp. is investing P60 billion for its geothermal expansion projects, including drilling more wells and developing new project areas, to boost its renewable energy capacity in the Philippines....more

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