Solar Philippines Power Project Holdings, Inc. (SP)m is planning to inject its solar portfolio with over 10,000 MW of developments into listed Solar Philippines Nueva Ecija Corporation (SPNEC) in exchange for P39-billion worth of shares. In a statement, SP said it is open to swap its assets for...
Solar Philippines Nueva Ecija Corp. (SPNEC) is planning to increase its authorized capital stock by 400 percent to 50 billion shares from the current 10 billion shares in preparation for the acquisition of assets from its parent company. In a disclosure to the Philippine Stock Exchange (PSE), SPNEC...
Newly-listed Solar Philippines Nueva Ecija Corporation (SPNEC) has started the construction of the first phase of what it plans to be the largest solar project in Southeast Asia. The firm is using proceeds from its P2.7 billion initial public offering to construct the first 50 MW and the...
Newly-listed Solar Philippines Nueva Ecija Corporation (SPNEC) is preparing its planned expansion for a joint venture that will build a 1,000 hectare solar farm. “We are preparing an initial 1,000 hectares for a joint venture with a partner who can help turn this plan into a reality,” said...
Solar Philippines Nueva Ecija Corporation (SPNEC), the developer of what is planned to be the largest solar project in Southeast Asia, has successfully made its trading debut on the Main Board of the Philippine Stock Exchange (PSE). The firm’s shares closed its first trading day at P1.01 per...
The P2.7 billion initial public offering (IPO) of Solar Philippines Nueva Ecija Corporation (SPNEC), developer of what is touted as Southeast Asia’s largest solar project, is almost two times oversubscribed ahead of its listing on December 17, 2021. “SPNEC’s IPO was oversubscribed, receiving...
Solar Philippines Nueva Ecija Corp. (SPNEC), the developer of what is planned to be the largest solar project in Southeast Asia, has kicked off its P2.7 billion initial public offering (IPO) which will run until Tuesday, Dec. 7. Based on documents filed with the Philippine Stock Exchange, the firm...
Solar Philippines Nueva Ecija Corporation (SPNEC), just like its parent company Solar Philippines Power Project Holdings Inc., is banking not just on its future solar power generation capacity but also on its vast landholdings to attract both stock market investors and potential business partners....
Solar Philippines Nueva Ecija Corp. (SPNEC), the first pure renewable energy firm to go public, has pegged its initial public offering (IPO) price at P1 per share for an offer size of P2.7 billion. In a disclosure to the Philippine Stock Exchange, the firm said the offer period is planned for Dec....
