Stock Commentary I Solar Philippines plans P2.7-B IPO in December

I don’t know how I missed this one on Friday, but I literally just saw this prospectus before publishing MB this morning and I have not had the time to truly dig in to what is going on. That’s why there are so many large quotes above! Anyway, my first take is that I’m happy […]

Solar Philippines to raise P1.3 billion from IPO

MANILA, Philippines — Solar Philippines plans to launch a P1.3-billion initial public offering  to finance its 500-megawatt solar project in Nueva Ecija. The maiden share sale will be done through its wholly owned subsidiary Solar Philippines Nueva Ecija Corp. (SPNEC), the corporate vehicle for the planned 500-MW solar farm in Peñaranda, Nueva Ecija. Solar Philippines  […]

Solar Philippines forms new firm to secure lands for solar farms

MANILA, Philippines — Solar Philippines is setting up a new company that will secure lands solely for solar farms to be developed by other solar energy firms. The new firm, Solar Energy Zones Inc. (SEZ), will be independent from Solar Philippines’ power plant business and will cater to the demand for solar project sites of […]