SOLAR power provider SP New Energy Corp. (SPNEC) on Thursday disclosed a minimum public ownership (MPO) compliance plan as part of efforts to lift a trading suspension.   Source: Manila Times

SOLAR PHILIPPINES Power Project Holdings, Inc. (SPPPHI) has donated additional shares of its listed subsidiary to Asia Pacific Institute for Green Development, Inc. (Green Development) to comply with the stock exchange’s minimum public ownership (MPO) requirement.   Source: Business World

SP New Energy Corp., a subsidiary of Solar Philippines, on Thursday reported a nine-month net income of P24.69 million, a turnaround from the P40.45-million loss recorded a year earlier.   Source: Manila Times

SP New Energy Corporation, led by techpreneur Leandro Leviste, marked a notable financial turnaround, reporting a net income of P24.69 million in the nine months to September this year, compared to a net loss of P49.68 million during the same period in 2022.   Source: Bilyonaryo

MGen Renewable Energy Inc. (MGreen), the renewable energy development arm of Meralco Powergen Corp. (MGen), is looking forward to the development of one of the largest solar projects in the world which is expected to cost P200 billion, with the company expecting to complete the acquisition of a controlling stake in SP New Energy Corp. […]

Manila Electric Co. (Meralco) and its subsidiaries have set their sights on finalizing the acquisition of a 50.5 percent stake in SP New Energy Corporation (SPNEC) by the end of this year. The goal is to complete this process to coincide with the energization of the first 600 MW out of the planned 850 MW, […]