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News

SMGP pursues P34-B cost recovery from terminated PSAs

Posted on March 21, 2025 by LM Staff

SAN MIGUEL Global Power Holdings Corp. (SMGP), through its subsidiaries, is seeking to recover approximately P34 billion in incremental fuel costs incurred from its terminated power supply contracts with Manila Electric Co. (Meralco).

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AboitizPower sets P78-B capex for 2025, prioritizing renewables

Posted on March 21, 2025 by LM Staff

ABOITIZ Power Corp. (AboitizPower) has allocated P78.1 billion in capital expenditures (capex) for 2025, with 66% earmarked for its renewable energy portfolio.

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News

Alsons’ 2024 net income climbed 11% to P2.53b on high electricity demand

Posted on March 21, 2025March 21, 2025 by LM Staff

Alsons Consolidated Resources Inc., the publicly-listed company of the Alcantara Group, reported an 11-percent increase in its 2024 net income to P2.53 billion from P2.28 billion in 2023.

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DOE endorses 12 energy projects for system impact study

Posted on March 20, 2025 by LM Staff

The Department of Energy (DOE) said it endorsed 12 energy projects for system impact study to the National Grid Corp. of the Philippines (NGCP) in February 2025.

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TotalEnergies shifts PHL business to franchise model

Posted on March 20, 2025 by LM Staff

FRENCH multinational integrated energy company TotalEnergies is transitioning its Philippine operations from a joint venture to a franchise model, according to listed Basic Energy Corp. (BEC).

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From energy regulation to deregulation (Part 3)

Posted on March 20, 2025 by LM Staff

This is a continuation of the previous articles this year in this column , “From energy regulation to deregulation” Part 1 (Jan. 25) and Part 2 (Feb. 6). In Part 1, the three regulations I discussed were price control via the secondary price cap in the Wholesale Electricity Spot Market, high reliability standards and fines,…

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News

Basic gets DOE’s nod to start 62-MW Mariveles solar project

Posted on March 20, 2025March 20, 2025 by LM Staff

The Department of Energy (DOE) awarded Basic Energy Corp. a certificate of authority (COA) for its 62-megawatt Mariveles Solar Power Project in Bataan.

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PetroGreen unit’s solar project targets 33,000 homes in Isabela

Posted on March 19, 2025 by LM Staff

YUCHENGCO-LED BKS Green Energy Corp. has started constructing the 40-megawatt direct current (MWdc) Limbauan Solar Power Project in San Pablo, Isabela, expected to supply clean energy to approximately 33,000 households.

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News

A Brown expanding power portfolio with new subsidiary

Posted on March 19, 2025 by LM Staff

LISTED holding company A Brown Co., Inc. (ABCI) has obtained regulatory approval to establish a new subsidiary under its energy investment arm ABC Energy, Inc. (ABCEI) to expand its power generation business.

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ACEN infuses P660M into BCHC to secure land for future projects

Posted on March 19, 2025 by LM Staff

ACEN CORP., the listed energy platform of the Ayala Group, plans to increase its investment in subsidiary Buendia Christiana Holdings Corp. (BCHC) by subscribing to additional shares worth P660 million.

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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
  • 27
    Aug
    Offshore wind developers face possible rationing of port access
  • 27
    Aug
    RE charges yield P99.2 billion in spot market savings over 2 years
  • 27
    Aug
    System loss, electric cooperatives, RES and nuclear power
  • 27
    Aug
    PSALM opens bidding for P11-billion Quezon Avenue property

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
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