Unleash your energy within! Be a part of the EDC Team! Ensures the efficient accomplishment of the day-to-day banking transactions of the Company. Processes regulatory payments, debt servicing, and payments for other financial obligations, including procurement of the needed foreign currencies ensuring accuracy of amounts and remittance on due dates. Provides back office services for the group ensuring documents are delivered on time to counterparties, disbursing accounts are funded, transactions are recorded in SAP CLM and TRM system, and customer receipts are issued in a timely manner. Ensures efficient utilization of the Company's credit lines with banks for short-term funding requirements, opening of letters of credit (LC), standby letters of credit (SBLC) or guarantees, procurement of foreign exchange for debt servicing, settlement of open account for importations, and various cash management facilities. Regularly reviews procedures and policies and recommends updates to make them relevant to current market conditions. About Us
Energy Development Corporation is a geothermal energy industry pioneer and the recognized world leader in wet steam field technology. In the Philippines, EDC is the largest vertically integrated geothermal company, delivering 1,475MW of clean and renewable energy. We continue to diversify our renewable energy portfolio through investments in hydropower, solar power and wind energy projects in the Philippines.
EDC is part of the First Gen Corporation ("First Gen") Group, which has the largest portfolio of power plants using clean and renewable technology in the Philippines. First Gen's 16 power generation plants have a combined capacity of 2,763MW.
EDC has become the leading geothermal energy producer in the Philippines through the successful development and operation of numerous geothermal energy projects. Since 1983, the Company has successfully developed, financed, built, and operated seven geothermal steamfields in five geothermal contract areas. These steamfields currently supply geothermal steam to geothermal power plants with an aggregate installed capacity of 1,130 MW.
We have the best-qualified and trained professionals, technical people and support staff who persist in always bringing EDC to industry leadership. The company's geothermal team has over 40 years of technical and management experience in the geothermal industry.
We are guided by the following distinct Lopez Group values:
Business Excellence Unity Nationalism Social Justice Integrity Employee Welfare and Wellness We know from generations of experience that it is by living according to these values that a company can be built to last.
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