MANILA, Philippines — SP New Energy Corp. (SPNEC) is targeting to convert over 3,000 hectares of land in Nueva Ecija and Bulacan for industrial use this year.
In a disclosure to the Philippine Stock Exchange, SPNEC said it is preparing the lands for industrial conversion before the new year ends after securing off-take agreements for its projects in 2022.
The company said it has fully secured the majority of its target lands.
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