Leviste says penalties to solar firm linked to Cabral files – BusinessWorld Online
BATANGAS Rep. Leandro Antonio L. Leviste said on Wednesday he would respond to allegations of violations involving the solar power and holding company he founded in the “proper forum,” linking allegations against him to the so-called Cabral files.
Mr. Leviste said he respects the power of authorities to investigate alleged violations concerning the ownership of his company Solar Para sa Bayan Corp., which received a congressional franchise to operate microgrids in remote areas of the country.
“Since September, I have been warned that cases would be filed against me if I release the ‘Cabral Files,’ and told to remain silent for my own good,” he said in a statement. “I respect government employees and will respond to their statements in the proper forum.”
Granted a congressional franchise in 2019, Republic Act No. 11357 requires Solar Para sa Bayan Corp. to notify Congress of any sale or transfer, with such transactions subject to congressional approval.
Mr. Leviste’s Solar Philippines Power Project Holdings, Inc. also faces P24 billion in fines for its alleged failure to deliver nearly 12,000 megawatts of renewable energy, according to the Energy department.
“The company I founded built the country’s largest renewable energy capacity and brought in the biggest foreign investment to the Philippines in 2025,” he said. — Kenneth Christiane L. Basilio