July 24, 2017 8:21 PM ET


Company Overview of Bac-Man Geothermal Inc.

Company Overview

Bac-Man Geothermal Inc. owns and operates the 150-megawatt (MW) Bacon-Manito geothermal power plant which engages in power generation and transmission. The company is based in Philippines. Bac-Man Geothermal Inc. operates as a subsidiary of First Luzon Geothermal Energy Corporation.

Energy Center, Merritt Road, Fort Bonifacio


Metro Manila,  


Key Executives for Bac-Man Geothermal Inc.

Bac-Man Geothermal Inc. does not have any Key Executives recorded.

Bac-Man Geothermal Inc. Key Developments

Bac-Man Geothermal Inc. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2016

Bac-Man Geothermal Inc. announced unaudited earnings results for the first quarter ended March 31, 2016. For the quarter, the company announced revenue of PHP 707.7 million compared to PHP 952.9 million for the same period a year ago. Income before income tax was PHP 4.4 million compared to PHP 343.4 million for the same period a year ago. Net income was PHP 4.6 million compared to PHP 343.4 million for the same period a year ago. The decrease in revenue was primarily due to decrease in WESM prices and expiration of some bilateral contracts.

Bac-Man Geothermal Inc. Completes the Execution of Separate Loan Agreement with Bank of the Philippines Island, BDO Unibank, Inc. and Security Bank Corporation

Energy Development Corporation's subsidiary Bac-Man Geothermal Inc. completed the execution of separate loan agreement with Bank of the Philippines Island, BDO Unibank Inc. and Security Bank Corporation for the total amount of PHP 5.0 billion.

Similar Private Companies By Industry

Company Name Region
Bac-Man Geothermal Inc. Asia
Orca Energy, Inc. Asia

Recent Private Companies Transactions

No transactions available in the past 12 months.

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