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 through deeds of sale or contracts to sell and over 1,000 hectares through contracts to lease.
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