Leviste leaves board seats in SPNEC, MTerra Solar

MANILA, Philippines — Leandro Leviste has resigned as director of Terra Solar Philippines, Inc. and SP New Energy Corp. (SPNEC)—two firms that the businessman-lawmaker started under his Solar Philippines group, but are now controlled by the Meralco group. Terra Solar—also known as MTerra Solar—and its direct parent firm, SPNEC, both announced Leviste’s exit on Friday.