Solar Philippines allots 10,000 hectares of solar park for other RE firms
Solar Philippines, through its new venture, Solar Energy Zones Inc. (SEZ), will soon develop 10,000 hectares of land in Luzon as solar parks where other power companies in the country can build solar projects and share common solar facilities. Taking the solar parks in India as inspiration, Solar Philippines intends to further reduce barriers to […]
SPNEC to attract investors and partners with vast landholdings
Solar Philippines Nueva Ecija Corporation (SPNEC), just like its parent company Solar Philippines Power Project Holdings Inc., is banking not just on its future solar power generation capacity but also on its vast landholdings to attract both stock market investors and potential business partners. In an interview, Solar Philippines Founder Leandro Leviste noted that, while […]
Solar Philippines unit sets IPO price at P1 per share
Solar Philippines Nueva Ecija Corp. (SPNEC), the first company to debut on the Philippine Stock Exchange (PSE) under the renewable energy (RE) listing framework and the first solar pure-play to come to the market, priced its initial public offering (IPO) at P1 per share. This pegged at P2.7 billion the offering size of SPNEC, which […]
SPNEC sets IPO price at P1 per share
Solar Philippines Nueva Ecija Corp. (SPNEC), the first pure renewable energy firm to go public, has pegged its initial public offering (IPO) price at P1 per share for an offer size of P2.7 billion. In a disclosure to the Philippine Stock Exchange, the firm said the offer period is planned for Dec. 1 to 7, […]
Solar Philippines unit prices IPO at P1 apiece
Solar Philippines’ wholly-owned unit, Solar Philippines Nueva Ecija Corp. (SPNEC) has set the final offer price of its initial public offering at P1 per share. The IPO price sets SPNEC’s offering to the maximum of its indicative range at P2.7 billion, the Leviste-led company said in a statement on Wednesday. Source: GMA Network
Solar Philippines sets final IPO offer price at P1 per share
Solar Philippines Nueva Ecija Corp has set the final offer price for its proposed initial public offering (IPO) at P1 per share, it said Wednesday. “Please be advised that the final offer price for the initial public offering of Solar Philippines Nueva Ecija Corp’s common shares is P1.00 per common share,” it said in a […]
BusinessWorld Live I Discussion on renewable energy with Solar PH Founder & CEO Leandro Leviste
In this episode of BusinessWorld Live, Solar Philippines Founder and CEO Leandro Leviste talked about the renewable energy situation in the Philippines and underscored the growing demand for solar energy. He also discussed the upcoming initial public offering of its subsidiary Solar Philippines Nueva Ecija Corporation (SPNEC), the proponent and developer of the 500MW Nueva […]
Millennial solar farmer braves stock market
Leandro Leviste was just 20 when he set up Solar Philippines in 2013, taking on the challenge of starting a business that would harness solar power to generate electricity. A year after, Solar inaugurated its first project—a 700-kilowatt solar system on the roof deck of Central Mall Biñan. This was followed by the 63.3MWdc Calatagan solar farm […]
Solar plant to rise in Nueva Ecija
SOLAR Philippines Nueva Ecija Corp. (SPNEC) is pushing through with its plan to build a solar power facility in Nueva Ecija using part of the proceeds from its initial public offering (IPO). The company’s P2.7-billion IPO will commence following the green light from the Philippine Stock Exchange (PSE) and Securities and Exchange Commission (SEC). SPNEC […]
Solar Philippines pushes for collaboration with other power companies
Solar Philippines Power Holdings, Inc. (SPPHI) said the country can achieve its goal of increasing the share of clean energy sources through collaborations between power companies. “We believe that the best way to bring change to the Philippine power industry is not to compete with the country’s power companies, but to convince them that solar […]
