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MPIC infuses P2-B into Leviste s solar firm to fund land deals

Manuel V. Pangilinan's infrastructure investment firm Metro Pacific Investments Corporation is investing P2 billion in the Leandro Leviste-led SP New Energy Corporation or SPNEC. In a stock report on Tuesday, MPIC said it will acquire 1.6 billion common shares of SPNEC from partner Solar Philippines Power Project Holdings, Inc. Pangilinan, the chairman of MPIC, and

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