{"id":527,"date":"2010-06-29T05:42:04","date_gmt":"2010-06-29T12:42:04","guid":{"rendered":"http:\/\/montaraventures.com\/energy\/?p=527"},"modified":"2010-06-29T08:21:01","modified_gmt":"2010-06-29T15:21:01","slug":"energy-development-corp-pays-down-debt","status":"publish","type":"post","link":"https:\/\/montaraventures.com\/energy\/?p=527","title":{"rendered":"Energy Development Corp Pays Down Debt"},"content":{"rendered":"<p>Via the <a href=\"https:\/\/www.manilastandardtoday.com\/insideBusiness.htm?f=2010\/june\/28\/business4.isx&#038;d=2010\/june\/28\" target=\"_blank\" >Manila Standard<\/a>:<\/p>\n<blockquote><p>\nEnergy Development Corp., the renewable energy unit of First Gen Corp., will settle today its 22-billion yen debt (approximately $245 million), moving the company closer to overhauling the currency mix of its loan portfolio.<br \/>\n<br \/>\n&#8230;<br \/>\n<br \/>\nThe company posted a P3.80-billion net income in the first quarter this year, up 68 percent from P2.27 billion year-on-year.<br \/>\n<br \/>\nTwo units\u00e2\u20ac\u201dGreen Core Geothermal Inc., operator of the 192.5-megawatt Palinpinon and 112.5-MW Tongonan I geothermal power plants, and First Gen Hydro Power Corp., operator of the Pantabangan and Masiway hydroelectric plants\u00e2\u20ac\u201dcontributed P1.22 billion to the income.<br \/>\n<br \/>\nEnergy Development remains the largest producer of geothermal energy in the Philippines to date, accounting for 62 percent of installed capacity.\n<\/p><\/blockquote>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Via the Manila Standard: Energy Development Corp., the renewable energy unit of First Gen Corp., will settle today its 22-billion yen debt (approximately $245 million), moving the company closer to overhauling the currency mix of its loan portfolio. &#8230; The company posted a P3.80-billion net income in the first quarter this year, up 68 percent [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[2],"tags":[95,97,96],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2gI6x-8v","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/posts\/527"}],"collection":[{"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=527"}],"version-history":[{"count":2,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/posts\/527\/revisions"}],"predecessor-version":[{"id":538,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/posts\/527\/revisions\/538"}],"wp:attachment":[{"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}