SPNEC SRO to fund 10 GW projects
SOLAR Philippines Nueva Ecija Corp. (SPNEC) said the P2.8-billion proceeds from its ongoing stock rights offering (SRO) will complete funds that the company plans to invest for the development of its 10 gigawatts (GW) of projects. “The SRO’s P2.8-billion proceeds will help complete the P10 billion that we plan to invest to