SPNEC’s SRO key to its 10-GW goal

The P2.8 billion to be raised by Solar Philippines Nueva Ecija Corporation (SPNEC) from its ongoing stock rights offering will be a catalyst for its goal of expanding into a P400-billion renewable energy company with a total capacity of 10 gigawatts (GW).
 
“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 in a media roundtable.


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Manila Bulletin