MGEN Renewables Logo_White (1)

SP NEW ENERGY CORPORATION

MTerra Solar Now Delivering Power to the Luzon Grid

March 16, 2026

The MTerra Solar project is set to become the Philippines’ largest integrated solar PV and battery facility. Once fully completed, it will deliver 3,500 MWp of solar PV capacity paired with 4,500 MWh of BESS. Pasig City, Philippines – 14 March 2026 – Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has successfully energized the MTerra Solar project as a generator – marking the moment …

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

Click here to register

*VIDEO FOR VISUALIZATION PURPOSES ONLY

SOLAR PHILIPPINES

NUEVA ECIJA CORPORATION

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
LEARN MORE

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

Click here to register

*FOR VISUALIZATION PURPOSES ONLY