Tag: Citicore Renewable

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CREC powers Negros solar farm before peak demand

Energy & Mining Context.ph Context.ph -
Citicore Renewable Energy Corp. (CREC) has energized its 69-megawatt peak (MWp) Citicore Solar Negros Occidental 2 facility, boosting capacity in the Visayas grid ahead of the anticipated summer demand surge.

Citicore Renewable earnings shine on solar surge 

Corporate Context.ph Context.ph -
Citicore Renewable Energy Corporation (CREC) powered up its earnings in the first nine months of 2025, posting a 28 percent jump in net income to P966 million on the back of rising electricity sales and a rapidly expanding solar portfolio.

Megawide to settle Citicore advances

Corporate Context.ph Context.ph -
Megawide Construction Corp. has signed an agreement to settle its receivables from Citicore Power Inc. (CPI) through a share transfer deal involving Citicore Renewable Energy Corporation (CREC).

Citicore Renewable secures P4.4B loan for solar

Energy & Mining Context.ph Context.ph -
Citicore Renewable Energy Corp. (CREC) secured a P4.4 billion project finance loan to support the development of its 125-megaWatt-hour Citicorp Solar Pangasinan project.

Citicore Renewable, Pertamina NRE seal USD120M energy deal

Energy & Mining Context.ph Context.ph -
Citicore Renewable Energy Corp., a leading Philippine renewable energy developer, and Indonesia’s Pertamina New & Renewable Energy, have completed a share subscription agreement, a significant step in regional clean energy cooperation.

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Strict new bidding rules threaten operations at Semirara coal mine, SMPC warns

Energy & Mining 0
Strict new bidding conditions established for the Semirara coal mine risk halting operations altogether by next July, threatening both national energy supplies and public revenues, according to current operator Semirara Mining and Power Corporation (SMPC).

Kayana takes control of Bayad in P2.7B deal 

Corporate 0
Manila Electric Co. (Meralco) and its wholly owned subsidiary, Corporate Information Solutions Inc. (CIS), are selling their stakes in payment services provider CIS Bayad Center Inc. (Bayad) to Kayana Solutions Inc. for P2.7 billion, tightening Kayana’s control over the business.

Bohol readies for tourist rush during ASEAN weekend

Travel & Tourism 0
Bohol is gearing up for a potential tourism rush during the three-day ASEAN Summit holiday, with discounted flights aimed at turning the extended break into extra arrivals for the island province.

Half-a-billion time deposit math does not quite add up

Opinion 0
Sometimes, a little arithmetic can do what a long argument cannot. It can puncture a rather large financial assumption.

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