Solar Philippines Power Projects Holdings Inc. is open to swapping its solar portfolio with over 10,000 megawatts of developments for three times the current outstanding shares of Solar Philippines Nueva Ecija Corp. (SPNEC). SPNEC earlier announced that it will do an asset-for-share swap with its parent company, Solar Philippines, to
Solar Philippines Nueva Ecija Corp. (SPNEC) recorded a net loss of P21 million for the first quarter of its operations ending in September 2021, it reported in a disclosure. SPNEC said losses were mainly due to fees, taxes, and licenses. Full Details: Inquirer
Bilyonaryo reported Tuesday that SPNEC was hailed as the best initial public offering of 2021, with a 28 percent gain from its offer price of P1. It noted that SPNEC achieved such remarkable gain amid massive selling pressure, canceled orders, and other negative factors affecting the market. Full Details: Bilyonaryo
Out of the 10 initial public offerings (IPOs) made on the Philippine Stock Exchange (PSE) in 2021, Solar Philippines Nueva Ecija Corp. (SPNEC) emerged as the top performer of the year with as much as 38 percent increase from its offer price days after its market debut. PhilStar said that
After SPNEC announced the start of its construction work on the first 50 megawatts of its 500MW solar farm in Nueva Ecija, Inquirer reported that investors flocked to SPNEC, making it “the biggest gainer and top traded stock” on Monday, December 27. Full Details: Inquirer
Using its proceeds from its P2.7 billion initial public offering, Solar Philippines Nueva Ecija Corporation (SPNEC) has started the construction of the first phase of what it plans to be the largest solar project in Southeast Asia, Manila Bulletin reports. Full Details: Manila Bulletin
SOLAR PHILIPPINES Nueva Ecija Corp. (SPNEC) on Wednesday said it is preparing a 1,000-hectare land as it gears up for a joint venture with an unnamed company to expand the capacity of its solar farm beyond 500 megawatts (MW). “We are preparing an initial 1,000 hectares for a joint venture
Solar Philippines Nueva Ecija Corporation (SPNEC), the developer of what is planned to be the largest solar project in Southeast Asia, made its trading debut on the Main Board of the Philippine Stock Exchange (PSE) on Friday, Dec. 17, 2021. SPNEC’s IPO was oversubscribed, receiving Php 5.3 billion in orders