NEWS

SPNEC added to MSCI Philippines index
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

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.

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