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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Federal Land maps new projects as property downturn persists

Property 0
Federal Land Inc. Chairman Alfred Ty remains optimistic about the Philippine property market, saying developers are positioned to weather the current downturn as the sector works through elevated inventory and prepares for a gradual recovery.

Palay, corn output seen falling in third quarter

Agriculture 0
Palay and corn production may decline sharply in the third quarter, with the latest estimates from the Philippine Statistics Authority pointing to smaller harvest areas for both crops and weaker corn yields.

Philippine hotel pipeline hits P387B, 45,000 rooms through 2032

Property 0
The Philippine hotel industry has lined up P387 billion in committed investments for more than 45,000 new rooms through 2032, signaling sustained developer confidence in tourism despite sharply higher construction and financing costs.

Federal Land defers BGC project, opens Solarium events venue

Property 0
Federal Land Inc. is deferring the permanent redevelopment of the former Lexus Manila flagship showroom in Bonifacio Global City, choosing to operate the prime property as an events venue while waiting for market conditions to support a higher-value project.

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