In 2021, the SEC approved EDC’s PHP 15B ASEAN Green Bonds shelf registration along with Permit to Sell for the initial tranche of PHP 3B with a PHP 2B oversubscription. Through this, the public can support and participate in financing renewable energy projects in the Philippines spearheaded by EDC, as this advances the Company’s mission of forging collaborative pathways for a decarbonized and regenerative future for all.
The PhilRatingRS awarded the first tranche of EDC bonds with a “PRS Aaa” rating, indicating an intensive capacity to meet its financial commitments and a long-term stable outlook. The EDC ASEAN Green Bonds are also the first SEC-registered Peso ASEAN Green Bond issuance by a Philippine power company. EDC was awarded in March 2022 with the Triple A Awards – Best Local Currency Green Bond (Philippines) by The Asset for the accomplishment.