NEWS
Meralco unit spins P16B into SPNEC
MGreen and SPH have agreed to use SPNEC as the primary vehicle to develop 3500 megawatts of solar and 4000 megawatt-hours of battery storage in
MGreen, SPNEC formalize partnership
Billionaire Manuel Pangilinan’s Manila Electric Co. (Meralco) and businessman Leandro Leviste’s SP New Energy Corp. (SPNEC) officially formalized on Thursday their share subscription deal that
MGreen makes first payment in SPNEC takeover
In a disclosure to the Philippine Stock Exchange on Friday, Dec. 1, SPNEC said the Leviste-led firm has received P7 billion last Nov. 30 from
MGreen forks out initial P7B for SPNEC
MGEN Renewable Energy Inc. (MGreen), the renewable energy development arm of Meralco Powergen Corp. (MGen), has signed a deal with SP New Energy Corp. (SPNEC)

PSE lifts SPNEC trading suspension
The Philippine Stock Exchange (PSE) has lifted the suspension on the trading of the shares of SP New Energy Corporation (SPNEC) on Friday, Dec. 1,
SPNEC, MGen enter into subscription agreement
Meralco unit MGen Renewable Energy and SP New Energy Corporation enter into an agreement. This for the subscription by Amgen of 15.7 trillion common shares