Energy Development Corporation
38th Floor, One Corporate Centre Building, Julia Vargas corner Meralco Avenue
Ortigas Center, Pasig 1605, Philippines
Trunklines: +63 (2) 667-7332 (PLDT) / +63 (2) 755-2332 (Globe)
December 4, 2014
JANET A. ENCARNACIONHEAD, Disclosures Department
The Philippine Stock Exchange, Inc. Philippine Stock Exchange Plaza
Ayala Triangle, Ayala Avenue, Makati City
Dear Ms. Encarnacion:
We advise the Exchange that Bac-Man Geothermal Inc. ("BGI"), the wholly-owned subsidiary of Energy Development Corporation ("EDC") that owns and operates the Bacman Power Plants, is now operating Unit 2 at 60 MW gross, an increase of 5MW.
The increased capacity is a direct result of the upgraded Toshiba turbine design. Recall, that the installation of the brand new Toshiba steam turbine rotor unit and diaphragms (referred to as the "Permanent Fix") was completed in September 2014.
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