Tuesday, December 23, 2025
Today's Print

Tag: SPNEC

Meralco’s MGreen eyes 2026 share swap with SPNEC

MGen Renewable Energy (MGreen), the clean power subsidiary of Meralco PowerGen (MGen), is eyeing a share swap with SP New Energy Corp.’s (SPNEC) renewable...

Meralco’s MGreen unit hikes stake in SP New Energy for P13.8 billion

MGen Renewable Energy Inc. (MGreen), a subsidiary of Meralco-owned Meralco Powergen Corp. (MGen), said Wednesday it acquired 10.8 billion shares in SP New Energy...

SPNEC on track to start solar power production by yearend—Pangilinan

SP New Energy Corp. (SPNEC) is on track to start producing solar energy by the end of the year and plans to fold in...

Newly-elected Leandro Leviste divesting from SPNEC

Newly-elected Batangas Rep. Leandro Legarda Leviste agreed to divest most of his shares in listed renewable firm SP New Energy Corp. (SPNEC) before assuming...

Actis closes acquisition of $600-m stake in Terra Solar

MGEN Renewable Energy Inc. (MGreen), through subsidiary SP New Energy Corp. (SPNEC), said Actis Rubyred (Singapore) Pte. Ltd., via its subsidiary Actis Rubyred (Philippines)...

SPNEC to build another large solar farm

SP New Energy Corp. (SPNEC) plans to build another large solar farm in Batangas province to be called Terra Solar 2, a top executive...

MGreen eyes backdoor listing through SPNEC

The board of Meralco PowerGen Corp. (MGEN) approved the selection of advisers for the planned backdoor listing of its renewable energy subsidiary MGEN Renewable...

SPNEC signs P150-b loan agreement with 6 banks

SP New Energy Corp. (SPNEC) said Friday its subsidiary Terra Solar Philippines Inc. (MTerra Solar) signed a P150-billion loan agreement with six local banks. The...

World’s largest solar farm in Luzon reaches 74% project development

Solar Philippines New Energy Corp. (SPNEC), now led by Meralo PowerGen Corp., reported 74-percent project development at the world’s largest integrated renewables and energy...

SPNEC subscribes to more shares in Terra Solar, Terra Nueva for P8.9b

SP New Energy Corp. (SPNEC) said Thursday it is subscribing more shares in subsidiaries Terra Solar Philippines Inc. (TSPI) and Terra Nueva, Inc. (TNI)...

SPNEC seeks repricing of NE solar contract

SP New Energy Corp. (SPNEC), a subsidiary of Meralco PowerGen Corp., is negotiating with the Department of Energy on relocating and repricing its contract...

Meralco unit acquires P7.5-b SPNEC shares

Meralco PowerGen Corp. (MGen), a subsidiary of Manila Electric Co., acquired P7.5 billion worth of shares in renewable firm SP New Energy Corp. (SPNEC). MGen...

SPNEC asks DOE to terminate280-MW Nueva Ecija solar deal

SP New Energy Corp. (SNPEC), a subsidiary of Meralco PowerGen Corp., asked the Department of Energy to terminate its contract for a 280-megawatt solar...

SPNEC taking foreign partner in P200-b project

SP New Energy Corp. (SPNEC) expects to take in a foreign joint venture partner in Terra Solar Philippines Inc. by the end of the...
- Advertisement -spot_img
- Advertisement -spot_img