Foreign Investment that will Bring Electricity to the Island Barangays of Iloilo Province’s 5th District

Causing Dela Cruz & Bernal Law which practices Energy Law in Iloilo City has assisted 3 Taiwanese energy companies and infrastruture developers, Deoro 3 Development Inc., TECO Electric & Machinery CO., Ltd. and Green Source Technology Co. Ltd. who are looking into developing a 30 megawatt solar farm in Western Visayas.

The Taiwanese companies show particular interest in electrifying the island barangays of the 5th district of Iloilo Province. In this regard, they met with Iloilo 5th district Congressman Raul “Boboy”Tupas and Iloilo Electric Cooperative 3 (Ileco 3) General Manager Atty. James Balsomo. During the meeting, the construction of a solar farm which will provide 24-hour supply of stable and sufficient electric power to ILECO 3 was discussed.

Energy law practice is an emerging field in the Philippines especially with challenges in the power sector and recent amendment that enables foreign citizens or foreign-owned entities to engage in the exploration, development, and utilization of the country’s renewable energy resources, such as solar, wind, biomass, ocean or tidal energy.

Causing Dela Cruz & Bernal Law Office advices foreign and domestic clients regarding government energy policies and regulations and related issues like setting up energy corporations and ensuring legal compliance with environmental safeguards pertaining to energy infrastructure projects.