Nueva Ecija – SP New Energy Corporation https://spnec.ph SP New Energy Corporate website Fri, 21 Jan 2022 15:16:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://spnec.ph/wp-content/uploads/2026/01/sp-new-energy-icon-512x512-1-150x150.jpg Nueva Ecija – SP New Energy Corporation https://spnec.ph 32 32 Solar PH eyes swap of 20 projects with SPNEC shares https://spnec.ph/solar-ph-eyes-swap-of-20-projects-with-spnec-shares/ Fri, 21 Jan 2022 02:23:50 +0000 https://spnec.ph/?p=2599 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 jump-start its future expansion and […]

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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 jump-start its future expansion and growth. SPNEC’s current outstanding shares are 24.37 billion.

Full Details:

Inquirer

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]]> Foreign funds take interest in SPNEC https://spnec.ph/foreign-funds-take-interest-in-spnec/ Wed, 19 Jan 2022 02:00:17 +0000 https://spnec.ph/?p=2557 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

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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

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]]> Leviste’s SPNEC is best IPO of 2021 https://spnec.ph/levistes-spnec-is-best-ipo-of-2021-ddmpr-of-injap-sia-tony-tan-caktiong-avoid-worst-of-tag-only-because-jojo-villars-medic-is-just-historically-bad/ Wed, 05 Jan 2022 02:12:23 +0000 https://spnec.ph/?p=2493 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

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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

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]]> SPNEC tops IPO outturn in 2021 https://spnec.ph/spnec-tops-ipo-outturn-in-2021/ Wed, 05 Jan 2022 02:00:16 +0000 https://spnec.ph/?p=2486 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 the list was compiled by […]

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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 the list was compiled by Stocksilog, a news source about the Philippine stock market and listed companies.

Full Details:

PhilStar

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]]> Newbie SPNEC energizes investors stuck in tepid trading https://spnec.ph/newbie-spnec-energizes-investors-stuck-in-tepid-trading/ Thu, 30 Dec 2021 02:19:27 +0000 https://spnec.ph/?p=2478 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

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]]> 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

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]]> SPNEC starts construction of its solar ranch https://spnec.ph/spnec-starts-construction-of-its-solar-ranch/ Wed, 29 Dec 2021 00:29:36 +0000 https://spnec.ph/?p=2475 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

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]]> 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

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]]> SPNEC readies land for solar capacity beyond 500 MW https://spnec.ph/spnec-readies-land-for-solar-capacity-beyond-500-mw/ Mon, 27 Dec 2021 07:40:00 +0000 https://spnec.ph/?p=2471 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 with a partner who can […]

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]]> 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 with a partner who can help turn this plan into a reality,” said Solar Philippines Founder Leandro L. Leviste in a statement.

Full Details:

Business World

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]]> Solar Philippines unit becomes first pure-play solar firm to debut on PSE https://spnec.ph/solar-philippines-unit-becomes-first-pure-play-solar-firm-to-debut-on-pse/ Sun, 19 Dec 2021 05:00:00 +0000 https://spnec.ph/?p=2454  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 for the Php 2.7 billion […]

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]]>  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 for the Php 2.7 billion offering, with strong demand from investors who want exposure to the first pure-play solar company to list on the PSE. This oversubscription comes as the company’s IPO was sized at the maximum of its indicative range of up to 2.70 billion shares at up to Php 1.00 per share, giving SPNEC a market capitalization of Php 8.12 billion.

Full Details:

Philippine Daily Inquirer 

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