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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or


Procuring Infrastructure PPPs 2018

The World Bank Group’s Procuring Infrastructure Public-Private Partnerships 2018 report is now finalized and available online. The report compiles best practices and offers support to governments around the world to improve the quality of their regulations and to better deliver infrastructure service through public-private partnerships (PPPs).

Geothermal Transparency Guide

SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) contributed the Philippine chapter of Icelandic law firm BBA’s handbook called the Geothermal Transparency Guide. The publication is intended to provide an overview of the legal and regulatory framework governing exploration, exploitation and production of electricity from geothermal resources. The Philippine chapter was contributed by SyCipLaw partners Hector M. de Leon, Jr. and Angel M. Salita, Jr.

IFLR: “Philippines: Renewable energy projects”

The July/August issue of the International Financial Law Review (IFLR) included an international briefing article entitled “Renewable energy projects”. The article was contributed by SyCipLaw partner Rafael L. Encarnacion.

IFLR: “Philippines: Mining Developments”

The November issue of the International Financial Law Review (IFLR) included an international briefing article entitled “Mining Developments”. The article was contributed by SyCipLaw partner .

SyCipLaw advises lenders in Limay, Bataan power project

SyCipLaw acted as local counsel to DBS Bank Ltd., Mizuho Bank, Ltd. and Standard Chartered Bank, the structuring banks in the US$400 million Project Financing of a new 300MW coal-fired power plant in Limay, Bataan of SMC Consolidated Power Corp. The lenders to the project financing, in addition to the structuring banks were Bank of Commerce, Bank of Tokyo-Mitsubishi UFJ, CTBC Bank Co. Ltd., Maybank International (Labuan Branch), Maybank Philippines, Inc., Siemens Bank GMBH (London Branch), INTESA San Paolo S.p.a. (Hong Kong Branch). The project financing was recognized as Best Power Deal in the Asia-Pacific Region in the 2015 IJ Global Awards.

The Public-Private Partnership Law Review 2nd ed.

The second edition of The Public-Private Partnership Law Review has been published. Each jurisdiction chapter contains information on general framework, bidding and award procedure, contract, finance, recent decisions, and outlook. The Philippine chapter was contributed by the SyCipLaw Partners Marievic G. Ramos-Añonuevo and Arlene M. Maneja.

IFLR: “Philippines: PPPs and the election ban”

The May 2016 issue of the International Financial Law Review (IFLR) included an international briefing article entitled “PPPs and the election ban.” The article was contributed by SyCipLaw partner Aaron Roi B. Riturban.

Financing for the Mactan Cebu International Airport

SyCipLaw acted as Philippine counsel to a syndicate of Philippine banks (composed of BDO Unibank, Inc., Bank of the Philippine Islands, Development Bank of the Philippines, Land Bank of the Philippines, Metropolitan Bank & Trust Company and Philippine National Bank) and Asian Development Bank for the financing of the rehabilitation and development of the Mactan Cebu International Airport that was awarded by the DOTC and the MCIAA under the private-public partnership program of the government to the consortium between Megawide Construction Corporation and GMR Infrastructure. The financing is composed of (1) Php20 Billion (approx. US$446,773,200) commitment of the Philippines syndicate banks and (2) US$75 Million commitment of ADB.

Light Rail Manila Corp. financing for the LRT1 Cavite Extension, Operations and Maintenance Project

SyCipLaw acted as counsel to the Light Rail Manila Corporation (LRMC) in relation to its Php24 Billion project financing Light Rail Transit Line 1 (LRT1). Around Php8.7 Billion of the total loan amount is allotted to the rehabilitation of the existing LRT1 system and Php15.3 Billion to the 11.7 km extension of LRT1 to Bacoor, Cavite.

ALB: “Right-of-Way Issues Delay Vital Infrastructure Projects”

The October 2015 edition of the Asian Legal Business (ALB) Asia Edition includes a regional update article entitled “Right-of-Way Issues Delay Vital Infrastructure Projects” by SyCipLaw partner Vicente D. Gerochi IV and associate Arvin Kristopher A. Razon. The article is found on page 17.

SyCipLaw advises SaCaSun and BDO Unibank in first Philippine solar power project financing deal

BDO Unibank closed the first Philippine project financing deal for a solar power project last December 16, 2015. The project belongs to San Carlos Sun Power, Inc. (SaCaSun), a joint venture between Aboitiz Renewables, Inc., and SunEdison Philippines Helios B.V. The Php3.25 Billion project financing deal is for a 58.98MWp solar power project located in Barangay Punao, San Carlos City, Negros Occidental, Philippines. BDO is the sole lender, with BDO Capital & Investment Corporation acting as Mandated Lead Arranger, and BDO Unibank, Inc-Trust and Investments Group acting as Facility Agent and Security Trustee.

The Philippine Design Competitiveness Act

The Republic Act No. 10557, "Philippine Design Competitiveness Act" was signed by President Benigno Aquino III last May 15, 2013.  Contributed by SyCip Salazar Hernandez & Gatmaitan Partner Ricardo Ma. P.G. Ongkiko. The article gives us an insight about the objectives of the Act, the role of the newly formed Design Advisory Council, the Natural Design Policy, and its goals.

Learn more about the Philippine Design Competitiveness Act. The article is available for online viewing from the SyCipLaw website.

Getting the Deal Through - Mining 2013 Philippines

SyCip Salazar Hernandez & Gatmaitan contributed the Philippine section of Getting the Deal Through - Mining 2013. Contributed by Partner Hector M. de Leon, Jr., the section contains frequently asked questions regarding the mining industry; legal and regulatory structure; mining rights and title; duties, royalties and taxes; business structures; financing; restrictions; update and trends; environment; health & safety, and labor issues; social and community issues; foreign investment; and international treaties. Visit the SyCipLaw website for the Getting the Deal Through - Mining 2013 download link.


DENR increases minimum capital requirements for mining applicants

The Department of Environment and Natural Resources (DENR) issued DENR Memorandum Order No. 2013-01, which increased the minimum capital requirements for mining applicants.



According to the data from the Mines and Geosciences Bureau show that from 1970-2010, the Philippines only produced P878.4 billion out of P73.47 trillion supply of metallic and non-metallic mineral production in terms of value.


The renewable energy market has experienced rapid growth over the past several years. This is partly due to an increased global consciousness of the dangers of climate change and the need to focus on sustainable and environmentally friendly sources of energy.

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