Op-Ed: Is Indonesia’s Bid For The Philippines’ Largest Geothermal Company Really About Geothermal?

CleanTechnica
By Raymond TribdinoAug 1, 2026, 2:29 pm77 ptsTrending
When news emerged that Indonesian billionaire Prajogo Pangestu made an unsolicited, non-binding takeover offer for Energy Development Corporation (EDC), the Philippines’ largest geothermal producer, most coverage focused on the size of the deal. Estimates from initial filings and market disclosures place the…

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