NEWS

Meralco raises stake in SPNEC to 55.96%
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

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

MGen completes takeover of SPNEC
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:

MGreen completes investment in SPNEC
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

SPNEC to finish P200 billion solar project by 2027
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
World’s largest Solar Project’ breaks ground in PH
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.