Option 1
Meralco unit spins P16B into SPNEC
MGreen and SPH have agreed to use SPNEC as the primary vehicle to develop 3500 megawatts of solar and 4000 megawatt-hours of battery storage in
MGreen, SPNEC formalize partnership
Billionaire Manuel Pangilinan’s Manila Electric Co. (Meralco) and businessman Leandro Leviste’s SP New Energy Corp. (SPNEC) officially formalized on Thursday their share subscription deal that
MGreen makes first payment in SPNEC takeover
In a disclosure to the Philippine Stock Exchange on Friday, Dec. 1, SPNEC said the Leviste-led firm has received P7 billion last Nov. 30 from
MGreen forks out initial P7B for SPNEC
MGEN Renewable Energy Inc. (MGreen), the renewable energy development arm of Meralco Powergen Corp. (MGen), has signed a deal with SP New Energy Corp. (SPNEC)
PSE lifts SPNEC trading suspension
The Philippine Stock Exchange (PSE) has lifted the suspension on the trading of the shares of SP New Energy Corporation (SPNEC) on Friday, Dec. 1,
SPNEC, MGen enter into subscription agreement
Meralco unit MGen Renewable Energy and SP New Energy Corporation enter into an agreement. This for the subscription by Amgen of 15.7 trillion common shares
Option 2
MVP set to become SPNEC chair, CEO after MGreen investment
BUSINESSMAN Manuel V. Pangilinan is set to become chairman of SP New Energy Corp. (SPNEC), after MGen Renewable Energy (MGreen) completes its P15.9-billion investment in
SP New Energy buys out Terra Solar partner for P6B
SP New Energy Corp. (SPNEC) has acquired Prime Infrastructure Inc.’s (Prime Infra) entire stake in a joint venture company, Terra Solar Philippines Inc. (TSPI).
MGen financial chief joins SP New Energy
Solar Philippines New Energy Corp. (SPNEC), a subsidiary of Solar Philippines, appointed Meralco PowerGen Corp. (MGen) chief financial officer (CFO) Rochel Donato Garcia as its
Leandro Leviste’s SPNEC gains momentum with P7 billion initial payment from Meralco’s renewable arm
SP New Energy Corp. of techpreneur Leandro Leviste has received an initial payment of P7 billion from the renewable energy development arm of power utility
Meralco unit spins P16B into SPNEC
MGreen and SPH have agreed to use SPNEC as the primary vehicle to develop 3500 megawatts of solar and 4000 megawatt-hours of battery storage in
