BACOLOD CITY – Citicore Renewable Energy Corp. (CREC) has invested P3 billion for the expansion of their solar power plant in Barangay E. Lopez, Silay City, Negros Occidental. CREC President and Chief Executive Officer (CEO) Oliver Tan, CREC Chairman Edgar Saavedra, Silay City Mayor Joedith...
Citicore Energy Solutions Inc. (CESI), the retail supply arm of Citicore Renewable Energy Corporation (CREC), has recently signed up a long-term power supply agreement (PSA) with Cebu-based water management solutions provider JE Hydro and Bio Energy Corp. (JEHBEC). In a statement to the media, CREC...
Citicore Energy REIT Corporation (CREIT), the listed real estate investment trust (REIT) affiliate of Citicore Renewable Energy Corporation (CREC), has logged significant upturn in net income in the first quarter this year to P300 million from a leaner P24 million in the same period last year. The...
Citicore Energy Solutions Inc. (CESI), the power retailing business arm of Filipino firm Citicore Renewable Energy Corporation (CREC), has renewed five of its power supply agreements (PSAs) that are falling due this year. The renewed power supply deals that are under the ambit of Retail Competition...
Citicore Renewable Energy Corporation (CREC) has sealed a new three-year power supply agreement (PSA) with Cogent Energy, the retail electricity supplier (RES) unit of Clark Electric Distribution Corporation (CEDC). CEDC, a subsidiary of Manila Electric Company (Meralco), is the power distribution...
Shell Energy Philippines Inc. (SEPH) has renewed its power supply agreement with Citicore Energy REIT Inc. (CREIT) and Citicore Renewable Energy Corp (CREC), enabling the former to continually source RE-generated capacity from the portfolio of solar plants of the Citicore group. Apart from the...
