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Business > Corporate News
SPNEC SRO to fund 10 GW projects
By Eireene Jairee Gomez
Aug 30, 2022 12:11 am

SOLAR Philippines Nueva Ecija Corp. (SPNEC) said the P2.8-billion proceeds from its ongoing stock rights offering (SRO) will complete funds that the company plans to invest for the development of its 10 gigawatts (GW) of projects.

'The SRO's P2.8-billion proceeds will help complete the P10 billion that we plan to invest to complete the development of 10 GW of projects,' said Solar Philippines founder Leandro Leviste.

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