Countryside Investments Holdings Corporation (Countryside), a company wholly owned by Leandro Leviste, is investing over P5 billion to help propel the development of rural Batangas. In a statement, Leviste said this will be done in partnership with his renewable energy firm Solar Philippines Power...
Solar Philippines Power Project Holdings, Inc. (SP) is offering to purchase any shares from SP New Energy Corporation’s (SPNEC) Stock Rights Offering (SRO) that are not fully-paid to ensure its completion by March. In a disclosure to the Philippine Stock Exchange, SPNEC said it is committed to...
Solar Philippines is preparing for the conversion of over 3,000 hectares in Nueva Ecija and Bulacan into industrial land this year after securing off-take agreements for its projects in 2022. In a disclosure to the Philippine Stock Exchange, SP New Energy Corporation (SPNEC) said it has already...
Solar Philippines Nueva Ecija Corporation (SPNEC) aims to complete its acquisition of the assets of parent company Solar Philippines worth about P60 billion by the end of this year. In a disclosure to the Philippine Stock Exchange, the firm said that the conclusion of its P3.3 billion Stock Rights...
The Philippine Stock Exchange (PSE) has approved the stock rights offering of Solar Philippines Nueva Ecija Corporation, the renewable power company founded by Leandro Leviste, worth up to P3.34 billion. The PSE also approved the proposed SRO timetable, with an Ex-Date of August 22, 2022, Record...
Solar Philippines Nueva Ecija Corporation (SPNEC) has firmed up plans for its stock rights offering (SRO) worth up to P3.3 billion. In a disclosure to the Philippine Stock Exchange, the firm said it plans to seek regulatory approval for the SRO at an entitlement ratio of one share for every 1.28...
Solar Philippines Nueva Ecija Corp. (SPNEC) is accelerating its timetable for the development of four gigawatt (GW) projects from Solar Philippines (SP) so it can undertake its planned stock rights offering (SRO) earlier. In a disclosure to the Philippine Stock Exchange on Thursday, March 17, SPNEC...
Solar Philippines Nueva Ecija Corporation (SPNEC) has approved a P60.9-billion asset-for-share swap with its parent company Solar Philippines Power Project Holdings, Inc. (SPPPHI). In a disclosure to the Philippine Stock Exchange, the firm said the swap involves the acquisition of 100 percent of...
Solar Philippines Nueva Ecija Corporation (SPNEC) is raising P10 billion from the capital market, including a planned stock rights offering (SRO), to complete its development of 10 GW of solar projects. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has...
Solar Philippines Nueva Ecija Corp. (SPNEC) is considering a stock rights offering and form joint ventures as part of plans to develop 10 gigawatt (GW) of solar projects. In a disclosure to the Philippine Stock Exchange, the firm said the development plans will be firmed up once its asset-for-share...
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...
