Energy Development Corp., the renewable energy unit of tycoon Federico Lopez and his family’s First Gen Corp., is planning to invest 100 billion pesos ($1.7 billion) to upgrade and expand its main geothermal complex. 

Energy Development Corp., the renewable energy unit of tycoon Federico Lopez and his family’s First Gen Corp., is planning to invest 100 billion pesos ($1.7 billion) to upgrade and expand its main geothermal complex.