EDC to invest P 30B in Leyte geothermal complex

MANILA, Philippines — Energy Development Corp. (EDC) will shell out about P30 billion to rebuild its Leyte geothermal complex, targeting a 700-megawatt capacity by 2029, as part of a multiyear program to raise capacity and replace aging facilities. Starting this year, a new plant will be built to replace old units, lifting the operating capacity of