SP NEW ENERGY CORPORATION

SP NEW ENERGY CORPORATION

Leviste’s RE firm grows land assets

August 3, 2023

SP New Energy Corp., along with its subsidiaries, has secured more than 4,000 hectares of land in Nueva Ecija, Bulacan, Tarlac and Batangas provinces. These lands will be utilized for the development of the company’s large-scale renewable energy projects. In a stock report on Wednesday, SPNEC said over 3,000 hectares of the assets were secured through deeds of sale or contracts to sell and over 1,000 hectares through contracts to …

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

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*VIDEO FOR VISUALIZATION PURPOSES ONLY

SOLAR PHILIPPINES

NUEVA ECIJA CORPORATION

May 9, 2023

MPIC hikes investment in Leviste’s power firm

Infrastructure investment firm Metro Pacific Investments Corp. now has the option to invest up to P23.75 billion in SP New Energy Corp., or SPNEC, in exchange for 19 billion shares. MPIC, SPNEC, and its parent firm Solar Philippines Power Holdings, Inc., last 5 May, signed definitive agreements granting MPIC or its affiliates the option to […]
May 9, 2023

Metro Pacific poised to become SPNEC’s largest shareholder

METRO Pacific Investments Corp. (MPIC) said on Monday that it had completed the acquisition of 1.6-billion common shares or an equivalent of 16% of the outstanding shares in SP New Energy Corp. (SPNEC). In a regulatory filing, MPIC said that an agreement was also executed granting it an option to acquire up to 10-billion primary […]
May 9, 2023

MPIC to acquire up to 43% of SPNEC

MANILA, Philippines — Metro Pacific Investments Corp. (MPIC), the tollways and infrastructure conglomerate led by Manuel V. Pangilinan, is acquiring up to 43 percent of SP Energy Corp. (SPNEC) for P24 billion. MPIC, Solar Philippines Power Project Holdings Inc. (SPPPHI) and SPNEC, have signed definitive agreements granting MPIC or its affiliates the option to invest […]
May 9, 2023

MPIC to invest P22B in SPNEC

Metro Pacific Investments Corp. (MPIC) is looking to invest as much as P21.75 billion into SP Energy Corp. (SPNEC) on top of the P2 billion it invested in the company in March. SPNEC said it signed an option agreement with MPIC and its mother company, Solar Philippines Power Project Holdings Inc., for MPIC to acquire […]
May 8, 2023

MVP Group joins forces with SPNEC to power the Philippines with renewable energy, seals deal to acquire up to 43% of Leviste-led firm

Bilyonaryo Manny V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) has secured the option to invest P23.75 billion in Solar Philippines Power Project Holdings, Inc. and SP New Energy Corp., a move that will make the infrastructure conglomerate the largest shareholder holding around 42.82 percent of SPNEC. Source: Bilyonaryo
May 8, 2023

Metro Pacific buying P24b worth of shares to increase stake in SP New Energy to 43%

Metro Pacific Investments Corp. is increasing its stake in renewable company SP New Energy Corp. to 43 percent for P24 billion. SPNEC said in a stock exchange filing Monday its board approved an option agreement that would allow MPIC to acquire another 17.4 billion SPNEC shares including 10 billion primary shares for P12.5 billion and […]
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SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

Click here to register

*FOR VISUALIZATION PURPOSES ONLY