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SPNEC rebrands to MGEN Renewable Energy Holdings amid Leviste controversies

The board of SP New Energy Corporation approved a rebranding to MGEN Renewable Energy Holdings Inc. on January 21, 2026, as Batangas Representative Leandro Leviste resigned from the board to distance the company from controversies. This change forms part of transactions where Leviste sold over P20 billion worth of shares.

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