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News

DOE clears MGen’s 1,273-MW coal plants

Posted on April 23, 2025 by LM Staff

MANILA, Philippines — Pangilinan-led Meralco PowerGen Corp. (MGen) has secured confirmation from the Department of Energy (DOE) exempting its two coal-fired power plants from the existing coal moratorium.

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SPNEC signs largest Philippines financing deal

Posted on April 23, 2025 by LM Staff

MANILA, Philippines — SP New Energy Corp. (SPNEC) of tycoon Manuel V. Pangilinan has sealed a P150-billion syndicated loan – the largest in the Philippines – to bankroll the construction of MTerra Solar in Central Luzon.

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DOE optimistic to meet 50% clean energy share by 2040

Posted on April 23, 2025 by LM Staff

MANILA – The Department of Energy (DOE) is optimistic the Philippines will hit its target to increase to 50 percent the share of clean energy in the power generation mix by 2040.

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AboitizPower breaks ground for hybrid energy storage in Agusan del Norte

Posted on April 23, 2025 by LM Staff

ABOITIZ POWER Corp. (AboitizPower), through its subsidiary Therma Marine, Inc. (TMI), has broken ground on a 48-megawatt (MW) hybrid energy storage system that will be integrated into its oil-fired power facility in Nasipit, Agusan del Norte.

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Alternergy secures initial P3.3B from RCBC for Alabat Wind

Posted on April 23, 2025 by LM Staff

ALTERNERGY Holdings Corp. has drawn P3.256 billion from its P5.3-billion project loan facility with Rizal Commercial Banking Corp. (RCBC) to partially fund the development of its 64-megawatt (MW) Alabat Wind Power Project in Quezon province, the energy company said on Monday.

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Meralco sees power sales heating up in 2nd quarter

Posted on April 22, 2025 by LM Staff

MANILA, Philippines — Pangilinan-led Manila Electric Co. (Meralco) expects its energy sales to heat up in the second quarter, fueled by midterm election activity and a positive economic outlook.

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PetroEnergy’s 2024 income soars to P471M

Posted on April 22, 2025 by LM Staff

PETROENERGY RESOURCES CORP. (PERC) reported a nearly threefold increase in its attributable net income for 2024, rising to P471.82 million from P156.88 million in the previous year.

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RE firm secures P3.3-B funding for Alabat wind project

Posted on April 22, 2025April 22, 2025 by LM Staff

MANILA — Renewable energy (RE) pioneer Alternergy Holdings Corp. said on Monday it has received PHP3.3 billion from Rizal Commercial Banking Corp. (RCBC) to fund the Alabat Wind Project through its unit, Alabat Wind Power Corp.

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Lachica & Associates is now Lachica Madanlo (LM Law)!

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

We are pleased to inform you that on its 15th year, the law office of Lachica & Associates will henceforth be Lachica Madanlo or LM Law.

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First Gen eyeing pumped storage, solar projects rollout this year

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

LOPEZ-LED First Gen Corp. is advancing towards its goal of expanding its portfolio to 13 gigawatts (GW) by 2030 as it is working to roll out renewable energy projects this year.

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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.

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Pasig City, Philippines
t: (632) 8654 9370
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Recent News
  • 27
    Oct
    ERC drafts 5-year roadmap to full competition
  • 27
    Oct
    DOE sets Nov. 5 announcement for waste-to-energy auction
  • 27
    Oct
    DOE eyes $5b in US funding for nuclear program
  • 27
    Oct
    DOE chief Garin sees ASEAN Power Grid ‘very feasible,’ eyes November breakthrough

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