SPNEC secures over 4,000 hectares of land in Luzon
SP New Energy Corp. said Wednesday that together with its subsidiaries, it secured more than 4,000 hectares of land, mostly in the provinces of Nueva Ecija, Bulacan, Tarlac and Batangas. SPNEC said in a disclosure to the Philippine Stock Exchange that it secured over 3,000 through deeds of sale or contracts to sell and another […]
Leviste’s RE firm grows land assets
SP New Energy Corp., along with its subsidiaries, has secured more than 4,000 hectares of land in Nueva Ecija, Bulacan, Tarlac and Batangas provinces. These lands will be utilized for the development of the company’s large-scale renewable energy projects. In a stock report on Wednesday, SPNEC said over 3,000 hectares of the assets were secured […]
SPNEC to start building world’s largest solar farm this year
SP New Energy Corporation (SPNEC), the country’s emerging solar power giant, is planning to break ground this year its massive 3,000 megawatt Nueva Ecija solar expansion project. During the firm’s Annual Stockholders’ Meeting, Solar Philippines Founder Leandro Leviste said this is the project to which the company has invested the bulk of the proceeds of […]
SPNEC to break ground on Nueva Ecija solar project
SP New Energy Corp. (SPNEC) on Thursday said it plans to break ground this year on its Nueva Ecija solar expansion project, which will be controlled by the company. The company has invested the bulk of the proceeds of its capital raises in this project, including Metro Pacific Investment Corp.’s initial investment of P2 billion. […]
SPNEC slates 3,500-MW N. Ecija solar expansion
Edit Text Editor SP New Energy Corporation, or SPNEC, will start the construction of its over 3500-megawatt or MW solar expansion in Nueva Ecija within the year. In an interview with reporters on Thursday, Solar Philippines founder Leandro Leviste said SPNEC will fully control the project — planned to be one of the world’s largest […]
SPNEC acquires more solar plants from parent firm
SP New Energy Corp. said Wednesday it acquired a first batch of renewable projects from parent company Solar Philippines Power Project Holdings Inc. under its asset for share-swap agreement. SPNEC said in statement it signed a deed of absolute sale to acquire SP’s shares in Solar Philippines Tarlac Corp. and Solar Philippines Rooftop Corp., which […]
SPNEC’s ambitious growth strategy begins with acquisition of Solar Philippines assets
SP New Energy Corporation (SPNEC) of techpreneur Leandro Leviste has taken a significant step towards establishing itself as a major player in the commercial energy sector with the acquisition of an initial portfolio of projects from Solar Philippines (SP), its parent company. Source: Bilyonaryo
SPNEC starts after initial asset buyout
SPNEC has acquired shares in Solar Philippines Tarlac Corp. and Solar Philippines Rooftop Corp., with a consolidated capacity of over 100 MW of operational solar power plants, plus one other under construction with over 50 MW. Source: Daily Tribune
SPNEC acquires assets from Solar PHL
Publicly-listed SP New Energy Corp. (SPNEC) has acquired projects from its parent company Solar Philippines, marking the company’s start of commercial operations. SPNEC said it signed on May 15 a deed of absolute sale to acquire Solar Philippines shares in Solar Philippines Tarlac Corp. and Solar Philippines Rooftop Corp., which together own over 100 megawatts […]
SPNEC starts operations, acquires operating plants
SP New Energy Corp. (SPNEC) has commenced the acquisition of the first batch of operating solar projects from its parent company Solar Philippines (SP). The move consolidates SP’s assets and marks the start of commercial operations of SPNEC. Source: Philstar
