Alterra Power Corp. (TSX: AXY) announces the completion of a joint venture agreement with Energy Development Corporation (EDC) for the development of Alterra’s Mariposa geothermal project in Chile plus three geothermal concessions held by Alterra in Peru. The agreement calls for EDC to earn a 70% interest by funding 100% of the next $58.3 million … Continue reading Alterra Power and EDC complete joint venture agreement for geothermal energy in Chile and Peru
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Vestas Joining EDC Wind Energy Project in Philippines
Energy Development Corporation (EDC) has a $300 million full-turnkey deal with Danish firm Vestas for its planned 87-megawatt wind power project in Burgos, Ilocos Norte. In an announcement, the Lopez-run firm noted that the deal with Vestas will finally move the project into construction following years of getting stalled at its investment drawing board. For … Continue reading Vestas Joining EDC Wind Energy Project in Philippines
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