SP NEW ENERGY CORPORATION

MTerra Solar Awards EPC Contract to Energy China for Phase 2

MGEN and Energy China Executives seal partnership for theexecution of Engineering, Procurement, and Construction (EPC) Contractsfor MTerra Solar Project Phase 2. Seen on the photo (fromL-R) are: MGEN Renewables Supply Chain Management Head; MGEN Renewables Project Development and Execution Head Ashvind Gobinathan; MGEN Renewables Chief Finance Officer Rochel Donato Gloria; MGEN Chief Legal Counsel and Corporate Governance and Compliance Officer Atty. Mary Ann Ballesteros; MGEN Renewables and MTerra Solar President & CEO Dennis B. Jordan; …

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

*VIDEO FOR VISUALIZATION PURPOSES ONLY

SOLAR PHILIPPINES

NUEVA ECIJA CORPORATION

December 4, 2023

MGreen, SPNEC formalize partnership

Billionaire Manuel Pangilinan’s Manila Electric Co. (Meralco) and businessman Leandro Leviste’s SP New Energy Corp. (SPNEC) officially formalized on Thursday their share subscription deal that will pave the way for a P15.9-billion investment in the latter’s projects.   Source: Inquirer
December 4, 2023

MGreen makes first payment in SPNEC takeover

In a disclosure to the Philippine Stock Exchange on Friday, Dec. 1, SPNEC said the Leviste-led firm has received P7 billion last Nov. 30 from MGen Renewable Energy, Inc. (MGreen) as an initial payment towards its P15.9 billion investment.   Source: Manila Bulletin
December 4, 2023

MGreen forks out initial P7B for SPNEC

MGEN Renewable Energy Inc. (MGreen), the renewable energy development arm of Meralco Powergen Corp. (MGen), has signed a deal with SP New Energy Corp. (SPNEC) for the purchase of a controlling 50.5-percent stake, forking out an initial P7 billion for the subscription agreement.   Source: Manila Times
December 4, 2023

PSE lifts SPNEC trading suspension

The Philippine Stock Exchange (PSE) has lifted the suspension on the trading of the shares of SP New Energy Corporation (SPNEC) on Friday, Dec. 1, after the firm reported that its public float has been raised to 20.02 percent to meet the minimum public ownership requirement of 20 percent.   Source: Manila Bulletin
December 4, 2023

SPNEC, MGen enter into subscription agreement

Meralco unit MGen Renewable Energy and SP New Energy Corporation enter into an agreement. This for the subscription by Amgen of 15.7 trillion common shares and over 19 trillion preferred shares of SPNEC. Leandro Leviste’s firm has already received an initial payment from the Meralco subsidiary.   Source: ANC
December 4, 2023

Investors score blue chips, lifting PSEi

A total of 1.68 billion shares valued at P4.41 billion changed hands, with the volume surge attributed to Leandro Leviste-led SP New Energy Corp. The firm commenced trading on Friday after a six-month suspension after it complied with the minimum public ownership rules of the exchange.   Source: Inquirer

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

*FOR VISUALIZATION PURPOSES ONLY