EDC reports recent typhoon did not effect geothermal plants
Bacon-Manito geothermal power plant, Philippines (source: First Gen Corp.)
Alexander Richter
20 Oct 2015
Energy Development Corp. reports that the recent typhoon which has devestated parts of Luzon, has not damaged any of its geothermal, hydro or wind operations.
In an announcement to the Philippines Stock Exchange, Energy Development Corp. (EDC) reports that the recent typhoon did not damage any project facilities and company assets. The recent Typhoon which went over the Philippines, greatly damaged certain areas in the country.
Its geothermal, hydro and wind projects are under normal operation, according to EDC.
As the typhoon is expected to remain in the vicinity of Luzon for another 48 hours (this was reported 24 hours ago) EDC will provide updates as soon as practicable.
