Tag: Citicore Renewable

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Citicore taps Landbank to accelerate solar expansion

Banking & Insurance Context.ph Context.ph -
Citicore Renewable Energy Corp. (CREC) has secured a P4.05-billion project finance loan from Land Bank of the Philippines to build two embedded solar power projects in Central Luzon, expanding clean energy capacity while helping electric cooperatives deliver more reliable and potentially cheaper electricity.

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.
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Marcos hikes corn import quota amid projected supply shortfall

Agriculture 0
President Ferdinand Marcos Jr. has more than doubled the Philippines’ minimum access volume (MAV) for corn to 500,000 metric tons (MT) in 2026, allowing additional imports in a bid to ease feed costs and limit potential increases in pork and poultry prices.

AC Health, US partner plan Pasig hospital project 

Education, Health & Science 0
Ayala Corporation’s healthcare arm AC Health and US-based healthcare operator Bon Secours Mercy Health (BSMH) are planning a flagship hospital campus in Pasig City, a proposed investment that could help keep more Filipinos’ healthcare spending in the country by expanding access to advanced medical treatments locally.

Condo payment shock fuels cancellations as Metro Manila inventory stays high

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Metro Manila’s condominium market continues to grapple with persistent oversupply as buyers withdraw from purchases when monthly payments jump sharply upon transitioning from developer financing to bank loans.

Isuzu launches D-MAX LS 4×2 AT at P1.549M

Mobility 0
Isuzu Philippines Corp. (IPC) has expanded its pickup truck lineup with the launch of the D-MAX LS 4x2 AT, offering the new variant at an introductory price of P1.549 million until December 31, 2026.

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