Tag page - SP New Energy Corp. (SPNEC)

SP New Energy Corp. (SPNEC) founder Leandro Leviste has sold another 10.83 billion shares in SPNEC to Manila Electric Co. (Meralco) for ₱13.76 billion, marking the completion of a previously announced sale of the Batangas representative’s stake in the solar power company. Leviste said in a...

Instead of an initial public offering for its green energy businesses under MGen Renewable Energy Inc. (MGreen), Manila Electric Company (Meralco) is planning a re-IPO after all of its assets has been consolidated under SP New Energy Corporation (SPNEC). “We’re likely to inject our renewable...

Young tycoon Leandro Legarda Leviste is raising a total of ₱34 billion from the divestment of his shares in solar producer SP New Energy Corporation (SPNEC) before assuming his new role as Congressman for the first district of Batangas in the House of Representatives on June 30, 2025. In a...

SP New Energy Corp. (SPNEC) reported a decline in its first-quarter net income for the year. In a disclosure to the Philippine Stock Exchange (PSE), SPNEC said its total net income during the first three months of 2025 slid to ₱12.4 million, which is a significant drop from its figure last year...