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 Offering (SRO) in the coming weeks […]
SPNEC firming up plans to expand to 10 GW – EQ Mag Pro
SOLAR Philippines Nueva Ecija Corp. (SPNEC) is firming up plans for the development of 10 gigawatt (GW) of solar projects. This would represent an almost 10-fold increase in the country’s grid-connected solar capacity as of December 2020, which according to Department of Energy (DOE) figures was 1.021 GW. This would be enabled by asset-for-share swaps […]
