Energy Development Corporation (EDC) - Power - Deals and Alliances Profile

 Published On: Sep, 2016 |    No of Pages: 56 |  Published By: GlobalData | Format: PDF
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Summary

Energy Development Corporation (EDC), formerly PNOC Energy Development Corporation, is a diversified renewable energy company. It is a subsidiary of Red Vulcan Holdings Corporation. The company is one of the largest integrated geothermal energy producers. It explores, develops, and operates geothermal energy and other indigenous renewable energy projects in the Philippines. The company by utilizing geothermal energy and other renewable energy sources such as hydro, wind, and solar generates electricity. EDC business activities include production of geothermal steam and the generation and sale of electricity. The company provides services such as reservoir engineering and management engineering; geothermal exploration and development; environmental management; project planning and construction; and steamfield commissioning, operations and maintenance, among others. It has operational presence in Chile, Indonesia and Peru.EDC is headquartered in Pasig, Philippines.

Energy Development Corporation (EDC) - Power - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Power eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company's (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company's operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
Energy Development Corporation, Power, Deals By Year, 2010 to YTD 2016 6
Energy Development Corporation, Power Deals By Type, 2010 to YTD 2016 7
Energy Development Corporation, Power, Deals By Region, 2010 to YTD 2016 8
Energy Development Corporation, Power, Deals By Sector, 2010 to YTD 2016 9
Energy Development Corporation, Power, Deals Summary, 2010 to YTD 2016 10
Energy Development Corporation, Power, Deal Details 12
Asset Purchase 12
Energy Development To Acquire 70% Interest In Four Geothermal Concessions In Chile And Peru From Hot Rock 12
Energy Development to Invest USD8 Million Burgos Solar Plant, Philippines 13
Energy Development Invests USD103.7 Million In Nasulo Geothermal Power Plant In Philippines 14
Energy Development to Invest USD1 Billion in Geothermal Power Project in Indonesia 15
Energy Development Acquires Remaining 30% Interest In Quellaapacheta Geothermal Project In Peru 16
EDC Invests US$66 Million In Rehabilitation Of Bacman I And II Geothermal Power Plant In Philippines 17
Energy Development Acquires 70% Stake In Portfolio Of Geothermal Projects In Chile And Peru 18
EDC To Invest US$33 Million For Wind Power Project In Ilocos Norte Province, Philippines 19
EDC To Invest US$115 Million For Expansion Of Burgos Wind Power Plant, Philippines 20
EDC To Invest US$140 Million For Expansion Of Tanawon Geothermal Power Plant, Philippines 21
EDC To Invest US$175 Million For Expansion Of Mindanao III Geothermal Power Plant, Philippines 22
EDC To Invest US$140 Million For Expansion Of Rangas Geothermal Power Plant, Philippines 23
EDC To Invest US$140 Million For Expansion Of Kayabon Geothermal Power Plant, Philippines 24
Energy Development Completes Project Financing for Bacman III Geothermal Power Plant in Philippines 25
Energy Development Announces Project Financing Of US$80 Million For Burgos Wind Farm In Philippines 26
EDC Completes Bridge Financing of USD61.4 Million for the Second Phase of Burgos Wind Farm in Ilocos Norte, Philippines 27
EDC Plans For Bond Financing For Burgos Wind Power Project In Ilocos Norte, Phillipines 28
Partnerships 29
Alterra Power Forms Joint Venture With Energy Development 29
Debt Offering 31
Energy Development Completes Public Offering Of 4.1583% Bonds Due 2020 For US$73.4 Million 31
Energy Development Completes Public Offering Of 4.7312% Bonds Due 2023 For US$98 Million 33
Asset Transactions 35
Hot Rock Acquires 70% Stake In Calerias Geothermal Project From Energy Development In Chile 35
Acquisition 36
First Gen Acquires Additional Stake In EDC 36
First Gen Acquires Stake In Energy Development Corporation 38
Philplans First Acquires 5.3% Stake In Energy Development From Government Service Insurance System 39
Energy Development Corporation - Key Competitors 40
Key Employees 41
Locations And Subsidiaries 43
Head Office 43
Other Locations & Subsidiaries 43
Recent Developments 44
Aug 12, 2016: EDC enters into a settlement agreement with their Insurers in respect of an incident involving Unit 2 at the BacMan I Plant 44
Jul 21, 2016: EDC ventures into solar rooftop; seals deal with Gaisano Capital malls 45
Jun 12, 2016: EDC to upgrade three geothermal power plants in Philippines 46
Mar 21, 2016: Green Groups Filed Complaint Against EDC's 60MW Expansion at the Mt Talinis Range 47
Mar 11, 2016: EDC seeks to expand power capacity at Southern Negros geothermal project in Philippines 48
Oct 15, 2015: Alterra Power Announces Rescheduling of Mariposa Drilling to 2016 49
Oct 14, 2015: EDC suspends drilling at Mariposa geothermal power project in Chile 50
Sep 15, 2015: EDC signs EPC contract for Power Plant of Bac-Man 3 Project 51
Aug 13, 2015: EDC reports Php4.7 billion attributable recurring net income for 1H 2015 52
Aug 05, 2015: NZ and the Philippines ramp up co-operation in geothermal energy 53
May 07, 2015: EDC shuts down 112.5MW Tongonan geothermal power plant unit in Leyte 54
Mar 09, 2015: EDC posts 40% increase in 2014 recurring net income 55
Appendix 56
Methodology 56
About GlobalData 56
Contact Us 56
Disclaimer 56

List of Tables
Energy Development Corporation, Power, Key Facts, 2015 1
Energy Development Corporation, Power, Deals Summary, 2010 to YTD 2016 1
Energy Development Corporation, Power, Deals By Year, 2010 to YTD 2016 6
Energy Development Corporation, Power Deals By Type, 2010 to YTD 2016 7
Energy Development Corporation, Power, Deals By Region, 2010 to YTD 2016 8
Energy Development Corporation, Deals By Sector, 2010 to YTD 2016 9
Energy Development Corporation, Power, Deals Summary, 2010 to YTD 2016 10
Energy Development To Acquire 70% Interest In Four Geothermal Concessions In Chile And Peru From Hot Rock 12
Energy Development to Invest USD8 Million Burgos Solar Plant, Philippines 13
Energy Development Invests USD103.7 Million In Nasulo Geothermal Power Plant In Philippines 14
Energy Development to Invest USD1 Billion in Geothermal Power Project in Indonesia 15
Energy Development Acquires Remaining 30% Interest In Quellaapacheta Geothermal Project In Peru 16
EDC Invests US$66 Million In Rehabilitation Of Bacman I And II Geothermal Power Plant In Philippines 17
Energy Development Acquires 70% Stake In Portfolio Of Geothermal Projects In Chile And Peru 18
EDC To Invest US$33 Million For Wind Power Project In Ilocos Norte Province, Philippines 19
EDC To Invest US$115 Million For Expansion Of Burgos Wind Power Plant, Philippines 20
EDC To Invest US$140 Million For Expansion Of Tanawon Geothermal Power Plant, Philippines 21
EDC To Invest US$175 Million For Expansion Of Mindanao III Geothermal Power Plant, Philippines 22
EDC To Invest US$140 Million For Expansion Of Rangas Geothermal Power Plant, Philippines 23
EDC To Invest US$140 Million For Expansion Of Kayabon Geothermal Power Plant, Philippines 24
Energy Development Completes Project Financing for Bacman III Geothermal Power Plant in Philippines 25
Energy Development Announces Project Financing Of US$80 Million For Burgos Wind Farm In Philippines 26
EDC Completes Bridge Financing of USD61.4 Million for the Second Phase of Burgos Wind Farm in Ilocos Norte, Philippines 27
EDC Plans For Bond Financing For Burgos Wind Power Project In Ilocos Norte, Phillipines 28
Alterra Power Forms Joint Venture With Energy Development 29
Energy Development Completes Public Offering Of 4.1583% Bonds Due 2020 For US$73.4 Million 31
Energy Development Completes Public Offering Of 4.7312% Bonds Due 2023 For US$98 Million 33
Hot Rock Acquires 70% Stake In Calerias Geothermal Project From Energy Development In Chile 35
First Gen Acquires Additional Stake In EDC 36
First Gen Acquires Stake In Energy Development Corporation 38
Philplans First Acquires 5.3% Stake In Energy Development From Government Service Insurance System 39
Energy Development Corporation, Key Competitors 40
Energy Development Corporation, Key Employees 41
Energy Development Corporation, Subsidiaries 43

List of Figures
Energy Development Corporation, Power, Deals by Type, 2010 to YTD 2016 1
Energy Development Corporation, Power, Deals By Year, 2010 to YTD 2016 1
Energy Development Corporation, Power, Deals By Region, 2010 to YTD 2016 1
Energy Development Corporation, Power, Deals By Sector, 2010 to YTD 2016 1
Energy Development Corporation, Power, Deals By Year, 2010 to YTD 2016 6
Energy Development Corporation, Power, Deals by Type, 2010 to YTD 2016 7
Energy Development Corporation, Power, Deals By Region, 2010 to YTD 2016 8
Energy Development Corporation, Power, Deals by Sector, 2010 to YTD 2016 9


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