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Engineering Value: Prasad G S Sreekanta on Strategy, Scale, and the Future of Real Estate Advisory
Prasad G S Sreekanta discusses UAE valuation trends, operational excellence, leadership, and the future of real estate advisory.
Jun 8
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First Gen Shares Surge on Reported $5 Billion Takeover Approach.
MANILA, July 15, 2026 — Shares of First Gen Corporation climbed as much as 33% on Tuesday after reports that Indonesia's PT Barito Renewables Energy has made a $5 billion takeover proposal for Energy Development Corp. (EDC), one of Southeast Asia's largest geothermal power producers. The reported offer fueled strong buying interest in First Gen, the Philippine energy company that holds a controlling stake in EDC. Investors interpreted the potential transaction as a sign of ri
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