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Philippine Tycoon Federico Lopez-Led First Gen To Invest $407 Million In Geothermal Project

Summary by Forbes
Energy Developement Corp.—the renewwable energy unit tycoon Federico Lopez and his family’s First Gen Corp.—is doubling down on its geothermal investments as the Philippines accelerates its transition to clean energy sources.

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The New York Ledger broke the news on Friday, June 5, 2026.
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