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News

PSALM transfers CBK hydroelectric plants to Thunder Consortium

Posted on February 10, 2026 by LM Staff

State-run Power Sector Assets and Liabilities Management (PSALM) Corp. transferred the 796.56-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex to Thunder Consortium on Monday.

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News

Filinvest’s FDC Utilities to launch Misamis solar farm this month

Posted on February 10, 2026 by LM Staff

FDC UTILITIES, INC., the utilities arm of Gotianun-led Filinvest Development Corp., will inaugurate a 21-megawatt (MW) solar farm in Misamis Oriental this month, as part of its plan to energize 94 MW of solar capacity in the country this year.

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Meralco rates likely to rise in February

Posted on February 10, 2026 by LM Staff

ELECTRICITY RATES in Metro Manila and nearby provinces are likely to go up this month, as initial indications from Manila Electric Co. (Meralco) point to increases across several cost components.

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San Miguel power arm to sell bonds

Posted on February 10, 2026 by LM Staff

San Miguel Global Power Holdings, Corp., the power generation arm of conglomerate San Miguel Corp. (SMC), is set to raise as much as P30 billion from a domestic bond offering.

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ERC OKs P376 billion revenue for NGCP

Posted on February 9, 2026 by LM Staff

MANILA, Philippines — The Energy Regulatory Commission (ERC) has permitted the National Grid Corp. of the Philippines (NGCP) to collect about P376.4 billion in revenues from 2023 to 2027.

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IMF warns talent shortage may stall Philippine renewables push

Posted on February 9, 2026 by LM Staff

A deepening shortage of skilled labor is emerging as the critical bottleneck for the Philippines’ clean energy ambitions, potentially stalling the nation’s aggressive shift toward a more sustainable power generation mix.

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First Gen to supply geothermal power to Wilmar’s Mindanao plant

Posted on February 9, 2026 by LM Staff

The power generation arm of the Lopez family has secured a supply agreement to provide geothermal energy to Wilmar Edible Oils Philippines Inc., a further expansion of its renewable energy portfolio in the country’s industrial sector.

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Meralco warns of higher power rate in February

Posted on February 9, 2026 by LM Staff

Power retailer Manila Electric Co. (Meralco) said Friday electricity rates for February 2026 may increase, based on preliminary data from suppliers that point to upward pressure on pass-through charges.

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PREIT eyes sale of Siquijor assets

Posted on February 9, 2026 by LM Staff

Premiere Island Power REIT Corp. is exploring the lease or disposal of its Siquijor Island power assets as its current tenant, S.I. Power Corp., remains embroiled in a legal battle with regulators.

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Razon-Pacquiao venture to invest in Cotabato utility

Posted on February 6, 2026 by LM Staff

Ignite Power & Energy Corp. has submitted a proposal to invest up to P10 billion in South Cotabato Electric Cooperative II to modernize its operations and lower electricity rates, company officials said Thursday.

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Lachica Madanlo is a law firm engaged in the practice of law with specialized expertise in the Philippine electric power industry and its regulation.

LM Law’s distinct expertise is founded on its unique experience in representing clients from all sectors of the power industry—generation, transmission, distribution, and supply.

Contact Us
2304-B, West Tower, Tektite Towers
Exchange Road, Ortigas Centre
Pasig City, Philippines
t: (632) 8654 9370
e: contact@lmlaw.ph
Recent News
  • 24
    Aug
    PSALM plans phased overhaul of Agus-Pulangi hydro plant by December
  • 24
    Aug
    DOE: 40 erring power firms face suspension
  • 24
    Aug
    ERC set to erase 12% VAT on system loss charges
  • 24
    Aug
    DOE says market intervention avoided PHP 7/kWh power price spike

Subscribe to our daily news digest and be updated with the latest important developments in the Philippine electric power industry.

Email us at news@lmlaw.ph

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  • About
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