Wednesday, May 20, 2026
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Tag: SPNEC

Meralco unit signs deal to acquire controlling stake in SPNEC

MGen Renewable Energy Inc. (MGreen) said Thursday it signed an agreement with SP New Energy Corp. (SPNEC) and its parent Solar Philippines Power Project...

SPNEC in talks with fund managers for private placement

SP New Energy Corp. said it in talks with local and foreign funds for possible private placement to enable it to comply with the...

PSE suspends trading of SPNEC and Vulcan

The Philippine Stock Exchange said Friday it suspended the trading of SP New Energy Corp. and Vulcan Industrial & Mining Corp. after their public...

New energy in the offing

Infrastructure investments company Metro Pacific Investments Corporation (MPIC) recently entered into an agreement to invest 2.0 billion Pesos to acquire 1.6 billion common shares...

SPNEC streamlines joint ventures with Prime Infra

SP New Energy Corp. said over the weekend the move to streamline its various joint venture partnerships with Prime Infrastructure Inc. will enable it...

SPNEC expects to complete P2.8-b stock rights offering

SP New Energy Corp. said Thursday it plans to complete its P2.8-billion stock rights offering to proceed with the planned share swap with parent...

PH, Asian stock markets slump; SPNEC and PLDT lead decliners

Stocks plunged Monday along with the rest of Asia, as traders extended last week’s rout across risk assets, with expectations high that the Federal...

SPNEC raises P2.8b from rights offering

Solar Philippines Nueva Ecija Corp. said Thursday it raised P2.8 billion from its recently-concluded stock rights offering. SPNEC said in a disclosure to the stock...

SPNEC eyes 2,500 hectares of land in C. Luzon to host 3,500-MW farms

Solar Philippines Nueva Ecija Corp. said Wednesday it will use proceeds from several capital-raising activities to secure 2,500 hectares of land between Bulacan and...

Solar Philippines eyes private placements

Solar Philippines Nueva Ecija Corporation (SPNEC) is in talks with investors on a possible equity sale through private placements. SPNEC said in a disclosure to...

PSE okays SPNEC’s stock rights offering

The Philippine Stock Exchange (PSE) approved the P3.3-billion stock rights offering of Solar Power Nueva Ecija Corp. (SPNEC). SPNEC, according to the terms approved by...

Share prices advance; BDO, Ayala and SPNEC lead rally

Share prices advanced Friday following a strong performance on Wall Street and the announcement of a new Cabinet economic team that is seen by...

SPNEC gets nod of shareholders for 400% capital hike

Shareholders of Solar Philippines Nueva Ecija Corp. on Monday approved the increase in the company’s authorized capital stock by 400 percent to 50 billion...

SPNEC swap deal to benefit shareholders

Solar Philippines Nueva Ecija Corp. said over the weekend the terms of the proposed asset-for-share swap agreement will result in less dilution and greater...
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