September 11, 2024
Published by admin at September 11, 2024
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SPNEC seeks repricing of NE solar contract

By Alena Mae S. Flores – September 10, 2024, 7:10 pm from manilastandard.net SP New Energy Corp. (SPNEC), a subsidiary of Meralco PowerGen Corp., is negotiating with the Department of Energy on relocating and repricing its contract for a 280-megawatt […]
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September 10, 2024
Published by admin at September 10, 2024
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A1E seeks DOE certification for planned coal power plant

By Lenie Lectura – September 10, 2024 from Business Mirror Atimonan One Energy Inc. (A1E), a wholly owned subsidiary of Meralco PowerGen Corp. (MGen), will ask the Department of Energy (DOE) to validate that the planned 1,200-megawatt (MW) coal power […]
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September 7, 2024
Published by admin at September 7, 2024
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UK fund manager investing $600 million for 40% stake in SPNEC unit

By Alena Mae S. Flores – September 6, 2024, 9:47 pm from manilastandard.net Executives of Actis Capital and Solar Philippines New Energy Corp. sign an investment agreement for the former’s acquisition of a 40-percent stake in SPNEC unit Terra Solar […]
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September 5, 2024
Published by admin at September 5, 2024
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Meralco unit acquires P7.5-b SPNEC shares

By Jenniffer B. Austria – September 4, 2024, 7:50 pm from manilastandard.net Meralco PowerGen Corp. (MGen), a subsidiary of Manila Electric Co., acquired P7.5 billion worth of shares in renewable firm SP New Energy Corp. (SPNEC). MGen acquired 5.8 billion […]
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