13th FINL: A Major Win for Foreign Investors in Philippine Renewable Energy (2026)
President Ferdinand R. Marcos Jr. signed Executive Order No. 113, s. 2026 on 13 April 2026, promulgating the 13th Regular Foreign Investment Negative List. It took effect on 2 May 2026.
One of the most significant developments: the 13th FINL now explicitly confirms that renewable energy projects involving solar, wind, and ocean/tidal energy are open to 100% foreign ownership.
This clarification removes previous interpretive uncertainty tied to constitutional restrictions on natural resources. Solar, wind, and tidal projects are treated as inexhaustible kinetic sources — opening the door to full foreign ownership and control (with nuances remaining for certain hydropower projects involving water rights).
Why this matters for foreign investors in 2026
Greater certainty and full ownership improve project bankability, financing options, and technology deployment.
Reduced need for mandatory 60-40 joint venture structures in many cases — lowering costs, complexity, and execution risk.
Strong alignment with the Philippines’ clean energy transition, DOE fast-tracking, ESS integration requirements, and grid modernization efforts.
New opportunities to combine RE investments with emerging carbon credit frameworks (DENR’s voluntary carbon market roadmap and related guidelines).
Industries to prioritize and promote right now
Large-scale solar and wind (including floating and hybrid projects)
Energy storage systems (ESS) paired with variable renewable energy
Ocean/tidal and innovative RE technologies
RE-linked and nature-based carbon credit projects
This is one of the most investor-friendly developments in the Philippine energy space in recent years. Combined with recent DOE circulars on ESS and transmission reforms, it positions the country as an increasingly attractive destination for serious foreign capital in renewables and sustainability.
Foreign investors, developers, and funds evaluating Philippine RE opportunities — or local players seeking strategic international partners — should review their structures and timelines now.
At CGRLAW & Associates, we help clients navigate the full picture: investment structuring under the updated FINL, DOE/ERC/DENR permitting, carbon market participation, M&A, and cross-border compliance.
Happy to discuss how this impacts your specific plans. Email info@cgrlaw.ph DM me or comment below.
#RenewableEnergy #ForeignInvestment #Philippines #EnergyTransition #ESG #CarbonCredits #SustainableInvesting #CGRLAW
<CGRLAW_13th_FINL_Carousel_2026.pdf>
CGRLAW & Associates
Unit 2101 and 2111 Cityland 10 Tower 2, H.V. Dela Costa Street,
Salcedo Village, Bel-Air, Makati City
3F Salcedo One Centre, 170 Salcedo Street,
Legaspi Village, Makati City
U302 Capitol Masonic, 35 Matalino Street,
Diliman, Quezon City
Tel. No. (+63 2) 8277 7239(+63 2) 8985 4322
(+63 918) 948 6092 DL Mobile
email: claude.requino@cgrlaw.ph
website: www.cgrlaw.ph
This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. You are hereby notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited and may be violative of Cybercrime Prevention Act.
Friday, June 26, 2026
Fwd: 13th FINL: A Major Win for Foreign Investors in Philippine Renewable Energy (2026)
Subscribe to:
Posts (Atom)