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News

BOI eyes Slovenia tie-ups for energy resilience

Posted on April 24, 2026 by LM Staff

The Board of Investments (BOI) is positioning energy resilience as a central driver of investments, as it moves to facilitate partnerships between the Philippines and Slovenia in strengthening secure and reliable energy systems.

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Rockport Power cuts generation costs by 30% for King Global

Posted on April 24, 2026 by LM Staff

Rockport Power Inc., a licensed Retail Electricity Supplier (RES), said its energy supply partnership with King Global Sanitary Products enabled around 30% savings on generation charges, emphasizing how optimized electricity sourcing can drive cost reduction for industrial users.

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PetroEnergy profit down 29.9% in 2025 as financing costs offset RE growth

Posted on April 24, 2026 by LM Staff

Yuchengco-led PetroEnergy Resources Corporation (PERC) reported a 29.9% decline in consolidated net income to PHP 618.33 million in 2025 from PHP 881.41 million in 2024, as higher financing costs and weaker oil revenues offset gains from its expanding renewable energy portfolio.

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LandBank offers up to 90% financing to support electric cooperatives

Posted on April 24, 2026 by LM Staff

The Land Bank of the Philippines said it can finance up to 90% of project costs for electric cooperatives, as it steps up support for power sector investments aimed at strengthening energy security.

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First Gen to power Ayala-led Globe sites with renewable energy

Posted on April 24, 2026 by LM Staff

First Gen Corp., the renewable energy company controlled by the Lopez family, expanded its footprint in the Philippine retail electricity market after securing new supply agreements with Ayala-led Globe Telecom Inc.

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ERC orders Meralco to refund P14B to customers

Posted on April 23, 2026 by LM Staff

The Energy Regulatory Commission (ERC) has ordered the Manila Electric Company (Meralco) to refund the remaining balance of P14.17 billion to its customers, following the completion of its regulatory process for the distribution charges implemented from July 2022 to December 2024.

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ERC, PERPI ink research partnership

Posted on April 23, 2026 by LM Staff

The Energy Regulatory Commission (ERC) has formalized a partnership with the Philippine Energy Research and Policy Institute (PERPI) to deepen data-driven policymaking and regulatory research, as the Philippines navigates increasingly complex energy sector challenges.

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ERC, PIA partner to expand consumer education on energy policies

Posted on April 23, 2026April 23, 2026 by LM Staff

The Energy Regulatory Commission and Philippine Information Agency (PIA) have signed a Memorandum of Understanding (MOU) to expand consumer education/awareness on energy policies, electricity rates, and consumer rights.

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PH banks urged to rein in fossil fuel lending, boost renewables

Posted on April 23, 2026 by LM Staff

Philippine banks are being urged to tighten policies and accelerate a shift toward renewable energy, as watchdog groups warn that continued financing for coal and gas leaves the country exposed to volatile global fuel prices.

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DOE moves to stabilize Catanduanes power amid diesel fuel strain

Posted on April 23, 2026 by LM Staff

The Department of Energy (DOE) has moved to reassure Catanduanes of continued electricity supply, as the island’s diesel-dependent power system continues to face fuel logistics pressure and financial constraints that have previously triggered warnings of possible service disruptions.

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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
  • 23
    Oct
    DOE sets Nov. 5 deadline for Waste-to-Energy auction results
  • 23
    Oct
    DOE: Full hydro development to cost P5 trillion
  • 23
    Oct
    Visayas grid on red alert for third time this week
  • 23
    Oct
    PSALM to hold another auction for prime property in QC

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
    • About the Firm
    • Atty. Sundy Lorence C. Lachica
    • Atty. Abigail T. Madanlo
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