
Fresh P4.05-B funding fuels CREC’s next solar expansion
Citicore Renewable Energy Corp. secures P4.05 billion in fresh financing from LANDBANK to build new solar plants with battery storage in Pampanga and Nueva…
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Topic
Latest Daily Tribune news and analysis on Citicore Renewable Energy Corp. (CREC).

Citicore Renewable Energy Corp. secures P4.05 billion in fresh financing from LANDBANK to build new solar plants with battery storage in Pampanga and Nueva…
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Citicore Renewable Energy Corp. (CREC) has secured shareholder approval to merge with six solar subsidiaries, streamlining its corporate structure and boosting…
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Energy firm Citicore Renewable Energy Corp. (CREC) is on track to complete one gigawatt (GW) of renewable energy capacity by year-end, putting it on track to…
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If all goes according to plan, the project located in Barangay Lucanin, Mariveles, Bataan, may start supplying clean energy to the national grid by as early as…
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‘We’ll most likely do a shelf registration to streamline future fundraising’
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After spending P35 billion last year, CREC President Oliver Tan said the company’s pipeline of projects, particularly in solar power development, will demand…
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The deal marks Pertamina NRE’s entry into the Philippine market, which BloombergNEF has ranked as the second most attractive emerging market for renewable…
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Under the contract, Trinasolar will supply its Vertex N 720W Series solar modules to support CREC’s rollout of its next 2GW of renewable energy capacity; the…
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The JV will cover the development, financing, construction, operations and maintenance of CREC’s four onshore wind projects with a total capacity of 375…
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The IPO proceeds are crucial to the company’s efforts to become a powerhouse in the renewable energy sector.
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The awarded projects include 430 MW of ground-mounted solar and 362 MW of onshore wind developments spread across eight provinces
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The infused capital — the first tranche of a P20-billion financing deal with RCBC — will aid Citicore’s goal of delivering this year’s one-gigawatt target.…
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