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Cruz Marcelo & Tenefrancia Authors Asia Business Law Journal Guide on Renewable Energy Reforms and Foreign Investment in the Philippines

Cruz Marcelo & Tenefrancia (CMT) is pleased to announce its contribution to the Asia Business Law Journal titled “Philippines Renewable Energy Reforms and Foreign Investment”, a comprehensive resource that examines key legal developments shaping the renewable energy sector in the Philippines.

The Philippines has been actively updating its regulatory framework to promote renewable energy investment, with reforms designed to attract capital, streamline permitting processes, and enhance market participation for both domestic and foreign investors. The Asia Business Law Journal guide provides a jurisdiction-specific analysis of these reform efforts, focusing on how legal and policy changes affect project development, cross-border investment, and sector growth.

CMT’s contribution offers practical insights into critical aspects of the Philippine renewable energy regime, including:

• Regulatory Framework: An overview of policies and statutes governing renewable energy, including key reforms aimed at facilitating market entry and investment certainty.

• Foreign Investment Rules: Analysis of applicable constitutional and statutory limits on foreign equity participation and how these interact with renewable energy project structuring.

• Permitting and Compliance: Practical guidance on environmental, grid interconnection, and sector-specific clearances necessary to develop and operate renewable energy assets.

• Investment Incentives: Discussion of fiscal and non-fiscal incentives available to renewable energy developers, including tax incentives, duty exemptions, and special zones benefits.

• Challenges and Opportunities: Considerations for investors looking to navigate the evolving policy landscape, including potential areas of regulatory development and risk mitigation strategies.

The guide draws on the firm’s experience advising stakeholders in renewable energy, sustainable infrastructure, and energy transition projects, and underscores the opportunities presented by recent reforms in attracting responsible investment to the Philippine renewable energy market.

This contribution adds to CMT’s ongoing thought leadership in energy, infrastructure, and foreign investment law, and provides market participants with a nuanced understanding of how legal reforms are shaping the future of renewable energy in the country.

Read the full guide on Asia Business Law Journal: https://law.asia/philippines-renewable-energy-reforms-foreign-investment/

About the Authors

The chapter was authored by Managing Partner Patricia A. O. Bunye and Senior Associate Rafael Raymundo A. Evangelista. They both have extensive experience in projects, infrastructure, energy, and corporate transactions.

The authors regularly advise on renewable energy project development, regulatory compliance, investment structuring, public-private partnerships, and cross-border energy transactions. Their work includes assisting domestic and international clients in navigating the Philippine regulatory landscape and implementing large-scale energy and infrastructure projects.

Through their practice, the authors continue to support stakeholders in the country’s transition toward a more sustainable and investment-friendly energy sector.

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A 2602 EB Energy Philippines SU JC