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SPNEC to absorb parent company via P60-B share swap

Solar Philippines Nueva Ecija Corporation (SPNEC) has approved a P60.9-billion asset-for-share swap with its parent company Solar Philippines Power Project Holdings, Inc. (SPPPHI).
In a disclosure to the Philippine Stock Exchange, the firm said the swap involves the acquisition of 100 percent of th ....

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Razon-led firm invests P2-B in new solar plant

Razon-led Prime Infrastructure Holdings Inc. (Prime Infra) is beefing up its solar portfolio with additional P2 billion worth of capital injection for shareholdings acquisitions in Solar Philippines’ installations in Batangas and Cavite.

In a statement to the media, Prime Infra indicated that it ....

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