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News

First Gen tapped to energize PSE Tower with renewable power

Posted on May 9, 2025 by LM Staff

THE Philippine Stock Exchange, Inc. (PSE) has tapped Lopez-led energy firm First Gen Corp. to supply renewable energy (RE) for the PSE Tower in Bonifacio Global City.

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News

PetroEnergy unit secures DoE endorsement for offshore wind projects

Posted on May 8, 2025 by LM Staff

YUCHENGCO-LED PetroEnergy Resources Corp. (PERC) has secured key government approvals for its energy projects with a combined capacity of 4 gigawatts (GW), allowing the company to fast-track the projects’ development.

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Mitsubishi reinforces ACEN’s coal phaseout

Posted on May 8, 2025 by LM Staff

MANILA, Philippines — Ayala-led ACEN Corp. has ramped up its push to retire a coal plant in Batangas ahead of schedule by joining forces with Japan’s Mitsubishi Corp. and its unit, Diamond Generating Asia Ltd.

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DOE encourages more geothermal exploration following PGPC’s move

Posted on May 7, 2025 by LM Staff

Following the Philippine Geothermal Production Company, Inc.’s (PGPC) recent exploration in Albay, the Department of Energy (DOE) has encouraged developers to further explore geothermal resources.

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IEMOP sees ‘stable’ power supply, spot market prices

Posted on May 7, 2025 by LM Staff

THE operator of the Wholesale Electricity Spot Market (WESM) expects “stable” power supply and spot market prices this year.

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Meralco rates seen lower this month

Posted on May 7, 2025 by LM Staff

MANILA, Philippines — Relief may be in sight for Manila Electric Co. (Meralco)’s eight million customers as power rates are likely to drop this month despite the heat.

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DOE, energy sector vow uninterrupted power on election day

Posted on May 7, 2025 by LM Staff

MANILA – The Energy Task Force on Election (ETFE), led by the Department of Energy (DOE), has assured the public of uninterrupted power supply nationwide during the May 12 midterm polls.

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News

First Gen earnings rise in Q1 on leaner operating costs

Posted on May 7, 2025 by LM Staff

LOPEZ-LED First Gen Corp. reported a 4.4% increase in attributable net income to $82.3 million for the first quarter, driven by lower operating expenses.

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Gov’t, Mitsubishi break ground for subway power supply substation

Posted on May 7, 2025 by LM Staff

MANILA — Government officials and the Mitsubishi Corporation have broken ground for a power substation that will supply electricity to the Metro Manila subway.

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Electricity spot market prices down significantly in April

Posted on May 6, 2025 by LM Staff

The Independent Electricity Market Operator of the Philippines (IEMOP) reported a 15 percent decline in Wholesale Electricity Spot Market (WESM) prices ahead of the 2025 midterm elections.

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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
    Jun
    DOE issues draft rules on 2027 nuclear power plant bidding
  • 24
    Jun
    DOE backs Visayas LGUs declaring energy emergency
  • 24
    Jun
    CAPELCO optimizes Capiz power supply
  • 24
    Jun
    Off-grid areas eyed for full hybridization

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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