Philippines' Lopez Group looks to geothermal, LNG for future growth

Conglomerate seeks to offset collapse of media business after political frictions

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A Lopez Group property in Manila. The group is looking to develop its electric power business for further growth. (Photo by Yuichi Shiga)

YUICHI SHIGA, Nikkei staff writer

MANILA -- Philippine conglomerate Lopez Group is rushing to expand its mainstay energy business and explore new industries, following the weakening of its media operations, which had long functioned as a second major pillar.

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