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Highest rating affirmed for EDC
Manila Bulletin
|November 4, 2025
Energy Development Corp. (EDC), the Lopez Group's renewable energy arm, has maintained its top-tier financial standing, receiving the highest PRS Aaa credit rating with a Stable Outlook from Philippine Rating Services Corp. (PhilRatings) for its ₱12.5 billion in outstanding Fixed-Rate ASEAN Green Bonds.
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Obligations rated PRS Aaa are of the highest quality with minimal credit risk. The obligor's capacity to meet its financial commitment on the obligation is extremely strong. A Stable Outlook indicates that the rating is likely to remain unchanged in the next 12 months.
PhilRatings stated that the assigned rating and outlook take into account EDC's leading position as a pure renewable energy (RE) company, its strong parent company support, and its highly experienced management team.
This story is from the November 4, 2025 edition of Manila Bulletin.
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