SP NEW ENERGY CORPORATION

MTerra Solar Powers Up 250 MW, Boosting Energy Supply Amid Global Volatility

First tranche of Battery Energy Storage System (BESS) now delivers 450MWhr to the grid at night which represents the largest operational BESS available in the Philippines. Pasig City, Philippines – 30 March 2026 – Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has successfully energized the first 250-megawatts (MW) of its solar capacity – now operating as a generator and marking the start of its …

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

*VIDEO FOR VISUALIZATION PURPOSES ONLY

SOLAR PHILIPPINES

NUEVA ECIJA CORPORATION

December 28, 2023

MVP takes over at SP New Energy

SPNEC, founded by businessman Leandro Leviste, said in a disclosure on Wednesday that MGreen had “given the balance payment of P8.89 billion on December 27, 2023” to complete the acquisition.   Source: Manila Times
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

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

*FOR VISUALIZATION PURPOSES ONLY