MGreen hikes stake in SPNEC
MGen Renewable Energy Inc. (MGreen), a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp. (SPNEC). Source: PhilStar
MGen Renewable Energy Inc. (MGreen), a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp. (SPNEC). Source: PhilStar
In a disclosure to the Philippine Stock Exchange (PSE), SPNEC said the additional shares represent 4.34 percent of its outstanding capital and bring MGreen’s stake in the company to 55.96 percent. Source: Manila Bulletin
MGen Renewable Energy Inc. (MGreen), a unit of Manila Electric Co., acquired another 2.17 billion shares in SP New Energy Corp. (SPNEC) for P2.5 billion. Source: Manila Standard
