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News

MGen plans to convert 2 stranded assets into gas-fired power plants

Posted on December 2, 2024 by LM Staff

Meralco PowerGen Corp. (MGen) plans to convert its two stranded coal plants in Zambales and La Union into gas-fired facilities, according to an executive.

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Filinvest-ENGIE to energize solar projects in Dec.

Posted on December 2, 2024 by LM Staff

LOW-CARBON energy services provider ENGIE Services Philippines and its partner are set to energize two rooftop solar systems by December, with a total capacity of around four megawatts (MW) in Luzon and the Visayas.

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First Gen hydro unit secures P7-b financing from 3 banks

Posted on December 2, 2024 by LM Staff

First Gen Hydro Power Corp. (FG Hydro), a subsidiary of First Gen Corp. (First Gen) signed loan agreements with BDO Unibank, Inc. (BDO), Bank of the Philippine Islands (BPI), and Rizal Commercial Banking Corp. (RCBC) for a total amount of P7 billion.

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Energy’s inspiring ‘lab patriots’

Posted on December 2, 2024 by LM Staff

Energy might not be the life of the party, but for Einstein-in-the-making patriots, it’s the ultimate glow-up—because who needs ‘just exciting’ when you’ve got a ‘bright’ and squeaky-clean energy future lighting the way, right?

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Top Philippine banks no longer keen on financing coal power plants

Posted on December 2, 2024 by LM Staff

MANILA, Philippines — At least four top domestic banks have reiterated their policies of not supporting additional coal plants in the country.

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Japan eyes next-gen solar power equivalent to 20 nuclear reactors

Posted on December 2, 2024 by LM Staff

The Japanese government is planning to generate some 20 gigawatts of electricity, equivalent to the output of 20 nuclear reactors, through thin and bendable perovskite solar cells in fiscal 2040.

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Meralco unit awaits DOE certification for coal plant projects

Posted on November 29, 2024 by LM Staff

Singapore—Meralco PowerGen Corp. (Mgen), the power generation arm of the Manila Electric Co. (Meralco), said on Wednesday it awaits a certification from the Department of Energy (DOE) for its coal power plant projects that are not covered by the 2020 moratorium on new facilities.

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Meralco teams up with South Korean power utility for smart metering advancement

Posted on November 29, 2024 by LM Staff

MANILA Electric Co. (Meralco) has partnered with South Korean power utility Korea Electric Power Corp. (KEPCO) and its Knowledge Data Network (KDN) to advance the use of “smart metering” technologies.

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ACEN infuses additional capital into unit Paddak

Posted on November 29, 2024 by LM Staff

AYALA-LED ACEN Corp. is pouring additional investment into its subsidiary Paddak Energy Corp. worth a total of P12 million to provide technical and maintenance services to its local operations.

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ACEN acquires 49% stake in Vietnam firm for $70.5 million

Posted on November 29, 2024 by LM Staff

MANILA, Philippines — Ayala-led ACEN Corp. is further strengthening its footprint in Vietnam with the acquisition of a significant interest in renewable energy (RE) firm BIM Energy Holding Corp. for $70.5 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
  • 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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