The P2.8 billion to be raised by Solar Philippines Nueva Ecija Corporation (SPNEC) from its ongoing stock rights offering will be a catalyst for its goal of expanding into a P400-billion renewable energy company with a total capacity of 10 gigawatts (GW).
“The SRO’s P2.8 billion proceeds will help
Listed firm Solar Philippines Nueva Ecija Corp. (SPNEC) said it could issue an additional 3 billion shares in the form of private placements after it has completed its stock rights offer (SRO) later this month. Solar Philippines founder Leandro L. Leviste said the private placements will predominantly be from foreign…
Aboitiz Equity Ventures, the investment arm of the Aboitiz Group, is planning to raise up to P12 billion from the issuance of peso-denominated fixed rate retail bonds.
In a disclosure to the Philippine Stock Exchange, the firm said this will come from its existing bonds registered through the shel