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EDC

EDC

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EDCSep 21, 20260.00% since signal

First Gen Maintains EDC Ownership, Reducing Divestment Risk

First Gen Corp stated on Monday that it has no plans to divest Energy Development Corp (EDC), signaling continued backing for the geothermal asset. This confirmation reduces near-term overhang on EDC’s value and preserves its role in First Gen’s asset mix. The news may stabilize sentiment around EDC amid energy-price volatility in the Philippines.

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