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 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

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)




December 28, 2023

MVP takes helm of solar energy firm SPNEC

Tycoon Manuel V. Pangilinan (MVP) will take control of SP New Energy Corporation (SPNEC), as Meralco’s renewable energy development unit MGreen completed its majority purchase.   Source: CNN
December 28, 2023

MVP reigns as SPNEC’s new chief

Businessman Manuel V. Pangilinan is taking the lead at the SP New Energy Corp., after his company, MGen Renewable Energy, firmed up its P15.9 billion investment in the solar energy firm founded and established by young entrepreneur Leandro Leviste.   Source: Daily Tribune
December 28, 2023

MVP set to become SPNEC chair, CEO after MGreen investment

BUSINESSMAN Manuel V. Pangilinan is set to become chairman of SP New Energy Corp. (SPNEC), after MGen Renewable Energy (MGreen) completes its P15.9-billion investment in the solar energy firm founded by Leandro Leviste. In a disclosure to the Philippine Stock Exchange, SPNEC said MGreen made its balance payment of P8.9 billion to complete the acquisition. […]
December 13, 2023

SP New Energy buys out Terra Solar partner for P6B

SP New Energy Corp. (SPNEC) has acquired Prime Infrastructure Inc.’s (Prime Infra) entire stake in a joint venture company, Terra Solar Philippines Inc. (TSPI).   Source: Manila Times
December 6, 2023

MGen financial chief joins SP New Energy

Solar Philippines New Energy Corp. (SPNEC), a subsidiary of Solar Philippines, appointed Meralco PowerGen Corp. (MGen) chief financial officer (CFO) Rochel Donato Garcia as its new treasurer and officer.   Source: Manila Bulletin
December 4, 2023

Leandro Leviste’s SPNEC gains momentum with P7 billion initial payment from Meralco’s renewable arm

SP New Energy Corp. of techpreneur Leandro Leviste has received an initial payment of P7 billion from the renewable energy development arm of power utility giant Manila Electric Co. (Meralco) for the acquisition of a majority stake in SPNEC.   Source: Bilyonaryo

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)