MEDIA STATEMENT: Update on SPNEC Company Name Change
Pasig City, Philippines – 22 January 2026 —This is to confirm that SP New Energy Corporation (SPNEC), a renewable energy subsidiary of Meralco PowerGen Corporation (MGEN), has filed today with the Securities and Exchange Commission (SEC) an application to change its...
MEDIA STATEMENT: SPNEC Clarification on DOE-Reported Solar Service Contracts
Pasig City, Philippines – 18 January 2026 — SP New Energy Corporation (SPNEC) wishes to clarify that it is not liable to pay the Php 24 billion penalties quoted by the Department of Energy (DOE) for the terminated service contracts of Solar Philippines. Of the 12,000...
MEDIA STATEMENT: MGEN’S INVESTMENT IN SP NEW ENERGY CORPORATION (SPNEC)
Pasig City, Philippines – 11 January 2026 — Meralco PowerGen Corporation (MGEN) today clarifies that SP New Energy Corporation (SPNEC) is a separate and distinct corporate entity from Solar Para Sa Bayan Corporation (SPBC). MGEN did not acquire any share in SPBC,...