SPNEC expects surge in investor interest post MSCI PHL Small Cap Index inclusion
SP New Energy Corp. (SPNEC) is seeing increased interest in its stocks after being included in the MSCI Philippines Small Cap Index. Source: Business World
SPNEC makes it to MSCI index
Integrated solar developer SP New Energy Corp. (SPNEC) has replaced MREIT Inc. in the exclusive and coveted MSCI Philippines Small Cap Index. Source: Manila Bulletin
SPNEC added to MSCI Philippines index
Listed integrated solar developer SP New Energy Corp. (SPNEC) is poised to be the only company to be added in the MSCI Philippines Small Cap Index for its upcoming rebalancing. The MSCI Global Small Cap Indexes has revealed the changes will take place at the close of market on Feb. 29. Source: PhilStar
MGreen hikes stake in SPNEC
MGen Renewable Energy Inc. (MGreen), a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp. (SPNEC). Source: PhilStar
Meralco raises stake in SPNEC to 55.96%
In a disclosure to the Philippine Stock Exchange (PSE), SPNEC said the additional shares represent 4.34 percent of its outstanding capital and brings MGreen’s stake in the company to 55.96 percent. Source: Manila Bulletin
MGreen acquires another P2.5-b worth of shares in solar firm SPNEC
MGen Renewable Energy Inc. (MGreen), a unit of Manila Electric Co., acquired another 2.17 billion shares in SP New Energy Corp. (SPNEC) for P2.5 billion. Source: Manila Standard
MGen completes takeover of SPNEC
MGen Renewable Energy Inc. (MGreen), a subsidiary of Manila Electric Co., has completed its P15.9- billion investment in SP New Energy Corp. (SPNEC). Source: PhilStar
MGreen completes investment in SPNEC
MGen Renewable Energy Inc. (MGreen), a unit of Manila Electric Co. (Meralco), has completed its P15.9-billion investment in SP New Energy Corp. (SPNEC) and has taken a controlling stake in the solar company. Source: Business Mirror
SPNEC to finish P200 billion solar project by 2027
SP New Energy Corp. (SPNEC) is eyeing to fully complete the world’s largest solar project by 2027. SPNEC said the P200-billion Terra solar development in Nueva Ecija and Bulacan, which will consist of 3,500 megawatts (MW) of solar panels and 4,000 megawatt-hours (MWh) of battery storage, would be completed in two phases. Source: PhilStar
World’s largest Solar Project’ breaks ground in PH
The world’s largest solar project breaks ground in the Philippines, SP New Energy Corporation says. Its subsidiary, Tera Solar Philippines, has started clearing 3,500 hectares of land in Nueva Ecija and Bulacan. More than 5 million solar panels worth 200 billion pesos will be installed there. Source: ANC
