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Legarda son’s solar firm secures legislative franchise

By: - Reporter / @DYGalvezINQ
/ 04:53 PM May 27, 2019

MANILA, Philippines — Voting 16-0-1, the Senate has approved on third and final reading a bill granting a 25-year legislative franchise to Solar Para sa Bayan (SPSB) Corporation.

Solar Para sa Bayan Corp. (SPSB) is a solar energy provider founded by Leandro Leviste, son of Senator Loren Legarda.

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The lone abstention came from Legarda.

Under its franchise, SPSB will construct, install, establish, operate and maintain distributable power technologies and mini-grid systems throughout the Philippines to improve access to sustainable energy.

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The proposed franchise of SPSB, was contained in House Bill No. 8179, which was approved by the House of Representatives in December.

SPSB is a Filipino social enterprise aiming to serve Filipino communities by delivering affordable and reliable 24/7 power supply. (Editor: Gilbert S. Gaviola)

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TAGS: Leandro Leviste, Loren Legarda, power, Senate, solar, Solar Para sa Bayan Corp., SPSB
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