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 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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August 19, 2024
Published by admin at August 19, 2024
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Meralco eyes bigger stake in solar firm SPNEC

By Alena Mae S. Flores – August 18, 2024, 7:35 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) is willing to take a bigger stake in SP New Energy Corp. (SPNEC), the developer of the largest single-site solar project […]
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August 14, 2024
Published by admin at August 14, 2024
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Facing challenges, SPNEC seeks end to power deal

By Lenie Lectura – August 14, 2024 from Business Mirror TRANSMISSION line constraints prompted the Pangilinan-led SP New Energy Corp. (SPNEC) to ask for a termination of the solar power contract awarded by the Department of Energy (DOE) during the […]
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