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THE Meralco Group s SP New Energy Corp. (SPNEC) said Tuesday that it had replaced Tan-led real estate investment trust MREIT Inc. in the closely watched MSCI Philippines Small Cap Index. ....
Meralco Powergen Corp.’s green energy arm MGen Renewable Energy Inc. (MGreen) has completed its P15.9-billion investment in Leandro Leviste-founded solar power firm SP New Energy Corp. (SPNEC). ....
THE Philippine Stock Exchange (PSE) said Tuesday it had lifted the trading suspension of SP New Energy Corp. (SPNEC) after the firm disclosed the required information about its takeover of Terra Solar Philippines Inc. (TSPI), its joint venture with Prime Infrastructure Inc. (Prime Infra). ....
MGEN Renewable Energy Inc. (MGreen), the renewable energy development arm of Meralco Powergen Corp. (MGen), has signed a deal with SP New Energy Corp. (SPNEC) for the purchase of a controlling 50.5-percent stake, forking out an initial P7 billion for the subscription agreement. ....