February 25, 2017 10:22 PM ET

Semiconductors and Semiconductor Equipment

Company Overview of Sunpower Philippines Manufacturing Limited

Company Overview

Sunpower Philippines Manufacturing Limited designs and manufactures solar modules for home, businesses, and commercial purposes. The company is based in Binan, the Philippines. Sunpower Philippines Manufacturing Limited operates as a subsidiary of SunPower Corporation.

100 Trade Avenue

Phase 4

Special Economic Zone

Laguna Technopark

Binan,  4024

Philippines

Phone:

63 49 541 2378

Key Executives for Sunpower Philippines Manufacturing Limited

Sunpower Philippines Manufacturing Limited does not have any Key Executives recorded.

Sunpower Philippines Manufacturing Limited Key Developments

First Philippine Electric Corporation and First Philec Solar Corporation Settles Disputes with SunPower Philippines Manufacturing Limited

Reference is made to the previous disclosures made by First Philippine Holdings Corporation on the disputes and proceedings between First Philippine Electric Corporation and First Philec Solar Corporation with SunPower Philippines Manufacturing Limited, including FPH's disclosure on July 21, 2015. First Philippine Holdings Corporation has been advised by First Philippine and First Philec Solar that they have settled their disputes with SunPower Philippines and that, as a result, they have together with SunPower Philippines filed the appropriate Consent Order, motions or manifestation and shall do all such things as are reasonably necessary in order to discontinue, terminate or dismiss (as the case may be) all the legal proceedings that are pending between them in Hong Kong and in the Philippines. Under the terms of their settlement, SunPower Philippines Manufacturing Limited has paid First Philec Solar Corporation USD 25,239,860 (which is equal to the full amount that SPML was ordered to pay First Philec Solar Corporation in the arbitration) and First Philippine Electric Corporation USD 25,260,140, and will transfer all of SPML's shares of stock in First Philec Solar Corporation to First Philippine Electric Corporation.

Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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