Gokongwei joins SPNEC board

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Tycoon Lance Gokongwei has joined the board of Manuel V. Pangilinan-led SP New Energy Corp. (SPNEC), a company that is well positioned for growth with the development of the world’s largest solar project.

MANILA, Philippines — Tycoon Lance Gokongwei has joined the board of Manuel V. Pangilinan-led SP New Energy Corp. , a company that is well positioned for growth with the development of the world’s largest solar project.

SPNEC, for its part, was recently acquired by MGen Renewable Energy Inc. , a wholly owned subsidiary of Meralco Powergen Corp. Prior to the change in control, SPNEC was majority owned by Solar Philippines, which is beneficially owned by young entrepreneur Leandro Leviste.“Looking ahead, we remain committed to our vision of sustainable growth and innovation. With your continued support and our relentless pursuit of excellence, we’re well positioned to capitalize on emerging opportunities in the renewable energy space,” said Pangilinan, SPNEC chairman, president and CEO.

Real estate giant Megaworld Corp. is off to a strong start and is gearing up for sustained growth with new township developments... Retired banking executive Aurelio Montinola III has resigned as independent director of Roxas and Co. Inc. after seven years following the purchase of shares in the company by a firm chaired by his ...

 

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