SP NEW ENERGY CORPORATION

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

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

*VIDEO FOR VISUALIZATION PURPOSES ONLY

SOLAR PHILIPPINES

NUEVA ECIJA CORPORATION

June 9, 2023

SPNEC slates 3,500-MW N. Ecija solar expansion

SP New Energy Corporation, or SPNEC, will start the construction of its over 3500-megawatt or MW solar expansion in Nueva Ecija within the year. In an interview with reporters on Thursday, Solar Philippines founder Leandro Leviste said SPNEC will fully control the project — planned to be one of the world’s largest solar power plants. […]
May 18, 2023

SPNEC acquires more solar plants from parent firm

SP New Energy Corp. said Wednesday it acquired a first batch of renewable projects from parent company Solar Philippines Power Project Holdings Inc. under its asset for share-swap agreement. SPNEC said in statement it signed a deed of absolute sale to acquire SP’s shares in Solar Philippines Tarlac Corp. and Solar Philippines Rooftop Corp., which […]
May 18, 2023

SPNEC’s ambitious growth strategy begins with acquisition of Solar Philippines assets

SP New Energy Corporation (SPNEC) of techpreneur Leandro Leviste has taken a significant step towards establishing itself as a major player in the commercial energy sector with the acquisition of an initial portfolio of projects from Solar Philippines (SP), its parent company. Source: Bilyonaryo
May 18, 2023

SPNEC starts after initial asset buyout

SPNEC has acquired shares in Solar Philippines Tarlac Corp. and Solar Philippines Rooftop Corp., with a consolidated capacity of over 100 MW of operational solar power plants, plus one other under construction with over 50 MW. Source: Daily Tribune
May 18, 2023

SPNEC acquires assets from Solar PHL

Publicly-listed SP New Energy Corp. (SPNEC) has acquired projects from its parent company Solar Philippines, marking the company’s start of commercial operations. SPNEC said it signed on May 15 a deed of absolute sale to acquire Solar Philippines shares in Solar Philippines Tarlac Corp. and Solar Philippines Rooftop Corp., which together own over 100 megawatts […]
May 18, 2023

SPNEC starts operations, acquires operating plants

SP New Energy Corp. (SPNEC) has commenced the acquisition of the first batch of operating solar projects from its parent company Solar Philippines (SP). The move consolidates SP’s assets and marks the start of commercial operations of SPNEC. Source: Philstar

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

*FOR VISUALIZATION PURPOSES ONLY