Corporate Communications – SP New Energy Corporation

SPNEC expects surge in investor interest post MSCI PHL Small Cap Index inclusion

Corporate Communications — Thu, 15 Feb 2024 04:42:14 +0000

SP New Energy Corp. (SPNEC) is seeing increased interest in its stocks after being included in the MSCI Philippines Small Cap Index.

Source:

Business World

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SPNEC makes it to MSCI index

Corporate Communications — Thu, 15 Feb 2024 04:38:18 +0000

Integrated solar developer SP New Energy Corp. (SPNEC) has replaced MREIT Inc. in the exclusive and coveted MSCI Philippines Small Cap Index.

Source:

Manila Bulletin

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SPNEC added to MSCI Philippines index

Corporate Communications — Thu, 15 Feb 2024 04:36:25 +0000

Listed integrated solar developer SP New Energy Corp. (SPNEC) is poised to be the only company to be added in the MSCI Philippines Small Cap Index for its upcoming rebalancing.

The MSCI Global Small Cap Indexes has revealed the changes will take place at the close of market on Feb. 29.

Source:

PhilStar

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MGreen hikes stake in SPNEC

Corporate Communications — Tue, 13 Feb 2024 00:06:27 +0000

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

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Meralco raises stake in SPNEC to 55.96%

Corporate Communications — Tue, 13 Feb 2024 00:02:28 +0000

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

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MGreen acquires another P2.5-b worth of shares in solar firm SPNEC

Corporate Communications — Mon, 12 Feb 2024 23:59:42 +0000

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

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MGen completes takeover of SPNEC

Corporate Communications — Tue, 23 Jan 2024 00:50:42 +0000

MGen Renewable Energy Inc. (MGreen), a subsidiary of Manila Electric Co., has completed its P15.9- billion investment in SP New Energy Corp. (SPNEC).

Source:

PhilStar

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MGreen completes investment in SPNEC

Corporate Communications — Tue, 23 Jan 2024 00:47:27 +0000

MGen Renewable Energy Inc. (MGreen), a unit of Manila Electric Co. (Meralco), has completed its P15.9-billion investment in SP New Energy Corp. (SPNEC) and has taken a controlling stake in the solar company.

Source:

Business Mirror

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SPNEC to finish P200 billion solar project by 2027

Corporate Communications — Sun, 14 Jan 2024 23:41:35 +0000

SP New Energy Corp. (SPNEC) is eyeing to fully complete the world’s largest solar project by 2027.

SPNEC said the P200-billion Terra solar development in Nueva Ecija and Bulacan, which will consist of 3,500 megawatts (MW) of solar panels and 4,000 megawatt-hours (MWh) of battery storage, would be completed in two phases.

Source:

PhilStar

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World’s largest Solar Project’ breaks ground in PH

Corporate Communications — Fri, 05 Jan 2024 14:08:43 +0000

The first phase of what is deemed the world’s largest solar project in development is on track for delivery by the first quarter of 2026. SP New Energy Corp. (SPNEC) broke ground on the site that will cover around 3,500 hectares of land in Nueva Ecija and Bulacan which will be owned by the company through its 100 percent owned subsidiary, Terra Solar Philippines Inc.

Source:

Malaya

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