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News

Alternergy gets PRS Aa- rating for PHP 2B corporate notes

Posted on August 18, 2026 by LM Staff

Alternergy Holdings Corp. has secured an investment-grade PRS Aa minus rating with a Stable Outlook from Philippine Rating Services Corp. (PhilRatings) for its proposed issuance of up to Php 2 billion in fixed-rate corporate notes, giving the renewable energy developer a stronger footing as it ramps up project development.

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CREC profit jumps 92% as renewable capacity expands

Posted on August 18, 2026 by LM Staff

Citicore Renewable Energy Corp. (CREC) posted a 92% increase in net income to PHP .2 billion in the first half of 2026, as newly energized renewable energy plants lifted margins and strengthened the company’s earnings base.

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ERC weighs power-sector limits after Ang’s Lopez stake buy

Posted on August 17, 2026 by LM Staff

THE Energy Regulatory Commission (ERC) is assessing whether businessman Ramon S. Ang’s acquisition of a 25.68% stake in Lopez, Inc. could trigger market-share caps, cross-ownership limits, or other restrictions in the power sector, its chairman said.

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ERC facilitates PHP 71.3B refunds, clears 250 PSAs in Juan’s first year

Posted on August 17, 2026 by LM Staff

The Energy Regulatory Commission (ERC) facilitated PHP 71.3 billion in consumer refunds while approving 250 Power Supply Agreement (PSA) cases and 144 capital expenditure (CAPEX) projects during the first year of Chairperson and Chief Executive Officer Francis Saturnino C. Juan.

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DoE hopes planned P19.7-B Maharlika investment in NGCP closes this year

Posted on August 17, 2026 by LM Staff

THE Department of Energy (DoE) said it hopes that the plan by Maharlika Investment Corp. (MIC) to invest P19.7 billion in the National Grid Corp. of the Philippines (NGCP) will conclude this year.

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ERC Reports Major Gains In Approvals, Consumer Refunds And Energy Sector Reforms In The Philippines

Posted on August 17, 2026 by LM Staff

The Energy Regulatory Commission (ERC) of the Philippines has reported significant progress in regulatory approvals, consumer protection, market access, and energy transition initiatives during the first year of Chairperson and CEO Atty. Francis Saturnino C. Juan.

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Visayas grid alerts may persist without new capacity

Posted on August 17, 2026 by LM Staff

National Grid Corp. of the Philippines (NGCP) said the Visayas grid has been under a yellow alert for more than two months and warned the alerts could persist unless idled power plants return to service.

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Prime Infra fast-tracking Wawa PSHPP

Posted on August 17, 2026 by LM Staff

The 600-megawatt (MW) Wawa pumped storage hydroelectric power plant (PSHPP) project of Olympia Violago Water & Power Inc. (OVWPI) will be ready in the first quarter of 2030.

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Dissecting VAT Removal on Systems Loss Charges

Posted on August 17, 2026 by LM Staff

The deliberations on EPIRA amendment took traction specially when President Ferdinand R. Marcos Jr. made a call for the removal of system loss charge to ease the burden to electricity consumers. The removal of system loss charge is expected to be highly contentious issue in the congressional deliberations. But the VAT removal on system loss…

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PH pushes stronger ASEAN nuclear regulation, emergency coordination under ASEANTOM chairship

Posted on August 17, 2026 by LM Staff

The Philippines used its 2026 chairship of the ASEAN Network of Regulatory Bodies on Atomic Energy (ASEANTOM) to advance regional cooperation on nuclear safety, security, safeguards, emergency preparedness, and regulatory capacity during the network’s 13th annual meeting in Manila from August 11 to 13.

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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
    Aug
    PSALM plans phased overhaul of Agus-Pulangi hydro plant by December
  • 24
    Aug
    DOE: 40 erring power firms face suspension
  • 24
    Aug
    ERC set to erase 12% VAT on system loss charges
  • 24
    Aug
    DOE says market intervention avoided PHP 7/kWh power price spike

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
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