WebDec 22, 2024 · According to the company’s prospectus, part of the initial public offering proceeds will be used to construct the first 50 MW out of the 500 MW that SPNEC has already developed. But the largest part of the IPO proceeds will be used to acquire land to expand beyond the 500 MW. WebNov 24, 2024 · Solar Philippines Nueva Ecija Corp. (SPNEC) has priced its initial public offering (IPO) at P1 per share, the maximum of its indicative range. At the said price, the company will raise some P2.7 ...
Investor Relations SP Nueva Ecija Corporation
WebMar 8, 2024 · Source: Solar Philippines. Solar Philippines Nueva Ecija Corporation (SPNEC), a subsidiary of Solar Philippines, today said it has priced its initial public offering (IPO) at PHP 1 per share, the maximum it had indicated, to raise up to PHP 2.7 billion (USD 53.2m/EUR 47.3m). SPNEC is the developer of a 500-MW solar project. WebFeb 15, 2024 · SPNEC also approved the acquisition of land as part of its developments, to be funded from proceeds of the SRO and proceeds from its IPO. The company’s developments are located primarily in the provinces of Nueva Ecija, Bulacan, Tarlac, Batangas, and Quezon, where its parent, Solar Philippines has spent the past years … can diabetics use artificial sweetener
SPNEC SP New Energy Corp. Stock Price & News - WSJ
WebNov 15, 2024 · SPNEC got the nod of the Philippine Stock Exchange (PSE) and Securities and Exchange Commission (SEC) for an initial public offering (IPO) next month. The company is offering 2.7 billion shares for PHP1 apiece between December 1 and 7 as the renewable energy firm targets to raise PHP2.7 billion. WebFounded. 2016. SP New Energy Corp. is a solar company, which engages in the provision of financing, custom engineering, and installation. The company was founded by Leandro … WebNov 12, 2024 · Published November 12, 2024 6:31pm The Philippine Stock Exchange Inc. (PSE) said Friday it has given the green light for Solar Philippines’ wholly-owned unit, Solar Philippines Nueva Ecija Corp. (SPNEC), to conduct an initial public offering (IPO) to raise funds for its solar farm in the province. advertisement can diabetics take wegovy