MGen Renewable Energy Inc. (MGreen), a unit of listed power distributor Manila Electric Co. (Meralco), has acquired 2.17 billion shares of SP New Energy Corp. (SPNEC) from its parent Solar Philippines Power Project Holdings Inc. for P2.5 billion. This represents 4.34 percent of SPNEC, the company said in its disclosure…
MGreen hikes stake in SPNEC philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
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. Late last week, SPNEC received the approval of the Securities and Exchange Commission (SEC) to amend its…
Solar Philippines begins working on 4 GW solar park pv-magazine-australia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pv-magazine-australia.com Daily Mail and Mail on Sunday newspapers.
SP New Energy Corporation (SPNEC) has begun with the development of the world’s largest solar project in Bulacan and Nueva Ecija, named Terra Solar. In..