SOLAR PHILIPPINES

NUEVA ECIJA CORPORATION

SPNEC SRO to fund 10 GW projects

SOLAR Philippines Nueva Ecija Corp. (SPNEC) said the P2.8-billion proceeds from its ongoing stock rights offering (SRO) will complete funds that the company plans to invest for the development of its 10 gigawatts (GW) of projects. “The SRO’s P2.8-billion proceeds will help complete the P10 billion that we plan to invest to complete the development of 10 GW of projects,” said Solar Philippines founder Leandro Leviste. Source: Manila Times

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

*VIDEO FOR VISUALIZATION PURPOSES ONLY

SOLAR PHILIPPINES

NUEVA ECIJA CORPORATION

June 27, 2022

Solar PHL bags most of RE capacity in energy auction

SOLAR Philippines has bagged most of the renewable energy (RE) contracts to develop 2,000-megawatt (MW) capacities under the country’s first Green Energy Auction Program (GEAP). Data from the Department of Energy (DOE) website showed that Solar Philippines won 70 percent of all RE capacity in the DOE auction, or 1380MW out of 1996MW across all […]
June 27, 2022

[STOCK COMMENTARY] Solar Philippines takes 70% of the DoE’s Green Energy Auction Program capacity

This wasn’t what SPNEC was originally created to do, but it is what SPNEC has been reconfigured to do, and thankfully for investors, SPNEC does it well. Leandro Leviste, the owner of SP and SPNEC, has been consistent since the advent of the new plan to acquire these projects from SP that SPNEC’s main super-power […]
June 17, 2022

Nueva Ecija Solar Farm: Coming Soon

Nueva Ecija Solar Farm: Coming Soon   Construction is in full swing for the soon-to-be largest solar farm in Southeast Asia. Stay tuned for more updates on the progress onsite from the team of Solar Philippines. Full Video: Watch it on Facebook https://spnec.ph/wp-content/uploads/2022/06/Solar_Philippines_WIP-5.mp4
March 8, 2022

Share swap, capital hike approved by SPNEC shareholders

Shareholders of Solar Philippines Nueva Ecija Corp. (SPNEC) approved yesterday the increase in the company’s authorized capital stock to 50 billion shares from 10 billion shares, as well as the related share swap. SPNEC’s share swap involves the issuance of 24.37 billion shares at P2.50 per share in exchange for shares of Solar Philippines in […]
March 8, 2022

SPNEC shareholders approve P60-B stock swap

Solar Philippines Nueva Ecija Corporation’s stockholders have approved its increase in authorized capital stock and the P60 billion share swap with parent company Solar Philippines Power Project Holdings Inc. In a disclosure to the Philippine Stock Exchange, the firm said it will raise its authorized capital to P50 billion from P10 billion and the new […]
March 8, 2022

SPNEC aims to raise P10B for 10-GW solar projects

SOLAR Philippines Nueva Ecija Corp. (SPNEC) on Monday said it plans to offer 5.12 billion shares to the public so it can raise P10 billion for the completion of its solar projects with a combined capacity of 10 gigawatts (GW). In a disclosure to the stock exchange, SPNEC said it aims to raise the funds […]

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

*FOR VISUALIZATION PURPOSES ONLY