Published by Energy Regulatory Commission(ERC) on Nov. 10, 2023.
Requested from ERC by S. Yap at 06:17 PM on
Nov. 10, 2023.
Purpose: Business and Employment
Date of Coverage: 11/10/2023 - 11/10/2023
Tracking no: #ERC-548112509425
S.YAP
Nov. 10, 2023, 6:17 p.m.
Hi,
Last year (Nov 2022), Department of Energy (DOE) aready opened up the Renewable Energy Sector for 100% foreign investment and sought to update the Foreign Investment Negative List.
However, the last (12th) Regular Foreign Investment Negative List (RFINL) was published in June 2022 in which Renewable Energy is in Negative List and allows max 40% Foreign Ownership only.
In the absence of any updated RFINL, what's the status of Renewable Energy Sector- is it open for 100% or 40% foreign investment & ownership?
Does any EO clarifies this, which also would be acceptable by SEC & DOLE?
F.OFFICER
Nov. 13, 2023, 7:43 a.m.
November 13, 2023
Dear Sandy,
Thank you for your request dated Nov 10, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Whether Renewable Energy Sector is still part of the Foreign Investment Negative List?.
We received your request on Nov 10, 2023 and will respond on or before Nov 22, 2023, in accordance with the Executive Order's implementing rules and regulations.
Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEEVSQy01NDgxMTI1MDk0MjUM, for request with ticket number #ERC-548112509425.
Thank you.
Respectfully,
FOI Receiving Officer
FOI Officer
S.YAP
Nov. 22, 2023, 8:20 a.m.
Dear Sir/Ma'am,
Greetings!
I was promised to get a reply on or before November 22, 2023. Today is already Nov 22, however, I haven't got any reply whatsoever.
Kindly revert and clarify this matter at the earliest.
Thanks and regards,
Sandy Yap
F.MAKER
Nov. 22, 2023, 4:33 p.m.
November 22, 2023
Dear Sandy Yap,
I refer to your request under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Whether Renewable Energy Sector is still part of the Foreign Investment Negative List?.
Our response to your request is due on November 22, 2023.
Please be informed, however, that it is necessary to extend the period for consideration of your request by seven (7) working days from November 22, 2023 for the reason that the data is still in process.
We apologize for this delay but we have applied for an extension so we could work further on your request. We hope to be able to send you a response on or before December 4, 2023.
Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEEVSQy01NDgxMTI1MDk0MjUM, for request with ticket number #ERC-548112509425.
Thank you.
Respectfully,
FOI Decision Maker
FOI Officer
F.MAKER
Dec. 4, 2023, 3:15 p.m.
December 4, 2023
Dear Sandy Yap,
Greetings!
Thank you for your request dated Nov 10, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.
Your Request
You asked for Whether Renewable Energy Sector is still part of the Foreign Investment Negative List?.
Response to Request
In relation thereto, please see the attached response to your request.
Further, attached are the letters of endorsement to the SEC and DOLE which will be transmitted also to the respective offices.
We hope this suffices your request.
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We appreciate your trust in us and look forward to serving you again.
Your right to request a review
If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Hon. Monalisa C. Dimalanta, Chairperson and CEO with email address at [email protected]. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.
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Thank you.
Respectfully,
FOI Decision Maker
FOI Receiving Officer