Economy 1 MIN READ

BRIEF-Solar Philippines Nueva Ecija Corp Is Firming Up Plans For The Development Of 10 GW Of Solar Projects

January 25, 2022By Reuters

Solar Philippines Nueva Ecija Corp:

  • CO IS FIRMING UP PLANS FOR THE DEVELOPMENT OF 10 GW OF SOLAR PROJECTS

  • PLANS TO COMPLETE FORMING JVS FOR ITS 10 GW OF SOLAR PROJECT DEVELOPMENTS WITHIN 2022

  • EXPANSION DEVELOPMENTS ARE LOCATED PRIMARILY IN THE PROVINCES OF NUEVA ECIJA, BATANGAS, BULACAN, AND TARLAC

  • PLANS TO COMPLETE FORMING JVS WITH ITS INTEREST IN PROJECTS SUBJECT TO POTENTIAL ASSET-FOR-SHARE SWAPS WITH SPNEC

  • DEVELOPMENT OF 10 GW OF SOLAR PROJECTS WOULD BE ENABLED BY ASSET-FOR-SHARE SWAPS WITH ITS PARENT, SOLAR PHILIPPINES

  • TO SUPPORT DEVELOPMENT OF SOLAR PROJECTS, SPNEC MAY CONDUCT POSSIBLE STOCK RIGHTS OFFERING, AND FORM JVS

Source text for Eikon: ID:nPSX3gg00C

Further company coverage: SPNEC.PS

((Reuters.Briefs@thomsonreuters.com;))

This article originally appeared on reuters.com

Read More Articles About: