Saturday, 5 October 2024
6 Sep 2024
7:57PM
Global fund Actis commits P34B to MVP-backed Terra Solar project in landmark green energy deal
Manuel V. Pangilinan-led Manila Electric Co. is partnering with global investment fund Actis, which will acquire a 40 percent stake in the Terra Solar project for $600 million (P34 billion), marking the largest foreign direct investment in a greenfield infrastructure project in the Philippines.
5 Sep 2024
10:01AM
Meralco clarifies multibillion-peso SPNEC deal announced on Facebook
By: Miguel R. Camus
Tycoon Manuel V. Pangilinan-led Manila Electric Co. is purchasing additional shares in SP New Energy, although in a different manner than what was announced by the selling party.
1 Aug 2024
12:01AM
SPNEC’s Terra Solar lures ‘long list’ of investors for mid-August showdown
SP New Energy Corp. could soon wrap up a deal to take in one or two foreign investors for its P200 billion Terra Solar project.
12 Jul 2024
10:30AM
Manny V. Rubio takes SPNEC helm from Manny V. Pangilinan
By: Miguel R. Camus
Veteran power industry executive Emmanuel “Manny” V. Rubio has taken over as president and CEO of SP New Energy Corp.
10 May 2024
12:38PM
Lance Gokongwei and MVP Group executives join SP New Energy Corp. board after Meralco takeover
By: Miguel R. Camus
Tycoon Lance Gokongwei and two executives part of the Manuel V. Pangilinan group joined the board of SP New Energy Corp. (SPNEC) following the takeover of Manila Electric Co. last December.
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