Bookmark this page and watch the interview on Wednesday, November 17, at 7 pm
Leandro Leviste, at just 28 years old, is set to bring a Filipino company into public hands.
He is seeking to raise as much as P2.7 billion by selling shares in Solar Philippines Nueva Ecija Corporation (SPNEC), a subsidiary of his Solar Philippines Power Project Holdings.
SPNEC’s solar power plant is still under development, which means that this is the first time that the Philippine Stock Exchange is allowing a company to go public despite not having operations. The listing was made possible through the supplemental listing and disclosure requirements for renewable energy approved by the local bourse in 2011.
In this episode of Business Sense, Leviste talks about where the money will go, as well as his vision for the country’s energy sector. – Rappler.com
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