Solar Philippines Nueva Ecija Corporation (SPNEC) is aiming to raise Php10 billion by way of a stock rights offering (SRO) to buy land for the development of ten gigawatts (GW) of solar...
Solar Philippines Nueva Ecija Corporation (SPNEC) will be providing the Angeles Electric Corporation (AEC) power supply for ten years after signing a power supply agreement (PSA) for emerging as the best bid...
Aside from its planned asset-for-share swap with its parent firm and the formation of joint ventures, Solar Philippines Nueva Ecija Corporation (SPNEC) may be conducting a stock rights offering (SRO). SPNEC’s plan...
Terra Solar, a renewable energy (RE) joint venture of Leandro Leviste’s Solar Philippines and Enrique Razon’s Prime Infrastructure Capital, Inc., has offered an unsolicited proposal to supply the Manila Electric Company (MERALCO)...
Solar Philippines is looking to swap 10,000 megawatts (MW) of solar power developments for only 24.37 billion shares of subsidiary Solar Philippines Nueva Ecija Corporation (SPNEC). The 24.37 billion shares is equivalent...
Solar Philippines Nueva Ecija Corporation’s (SPNEC) listing in the Philippine Stock Exchange (PSE) last December has attracted significant foreign investments, as the stock market recently recorded Php74.9 million in offshore funds. Foreign...
The board of recently-listed Solar Philippines Nueva Ecija Corporation (SPNEC) approved on Monday the raising of the firm’s authorized capital stock from 10 billion shares to 50 billion shares, subject to stockholder...
Just over a week after its public listing, Solar Philippines Nueva Ecija Corporation (SPNEC) said it has begun construction works on its 500-megawatt (MW) “solar ranch” project in Peñaranda town. The project,...
Fresh from its Php2.7 billion initial public offering (IPO), Solar Philippines Nueva Ecija Corporation (SPNEC) said it is preparing a planned expansion under a joint venture. SPNEC, the developer of the 500-megawatt...
Solar Philippines’ initial public offering (IPO) earlier this month attracted Php5.3 billion in orders, nearly twice the Php2.7 billion it aimed to raise to fund its 500-megawatt (MW) “solar ranch” project in Peñaranda,...
