'Green' energy open to foreigners

'Green' energy open to foreigners – DoJ

By Franco Jose C. Baroña

Oct 04, 2022 12:21 am

FOREIGNERS can own 100 percent of renewable or 'green' energy projects in the Philippines, the Department of Justice (DoJ) said.

In a legal opinion it issued on September 29, the DoJ said the renewable energy sector is not covered by the 60-40 ownership rule in Section 2, Article XII of the Constitution.

the Department of Justice (DoJ). File Photo

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