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Energy Development to Boost Geothermal Generating Capacity 38% in 5 Years

Energy Development Corp., the Philippines’ largest producer of geothermal energy, said it plans to boost generating capacity by 38 percent from 1,116 megawatts to 1,542 megawatts in five years starting 2011. It issued a statement in Manila before the company annual meeting.

To contact the reporter on this story: Cecilia Yap in Manila at cyap19@bloomberg.net

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