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...
Citicore Energy REIT Corporation (CREIT) has firmed up its initial public offering (IPO) price at P2.55 per share after it received its permit to sell (PTS) from the Securities and Exchange Commission (SEC) on Wednesday, Feb. 2, for its float of 2,181,819,000 common shares, with an over-allotment...
Citicore Energy REIT Corporation (CREIT), a subsidiary of Citicore Power Inc., is expected to corner ‘strong interest’ on its real estate investment trust (REIT) listing, wich will be the first for such asset class in the renewable energy (RE) industry to be undertaken. According to Ben Thomas...
The Citicore Energy REIT Corporation (CREIT), the real estate investment trust (REIT) arm of Citicore Power Inc., scored the highest ‘dark green rating’ in a sustainability-linked assessment carried out by Norwegian firm Cicero Shades of Green (Cicero Green). Cicero Green is a subsidiary of...
Citicore Power Inc. has cemented at least three new contracts in power retailing, a policy regime in the power sector that empowers customers to choose its preferred power supplier. Via its retail supply arm Citicore Energy Solutions Inc. (CESI), the Megawide-affiliated power company indicated that...
The Securities and Exchange Commission (SEC) has approved three public share offerings -- Figaro Coffee Group, Inc., Citicore Energy REIT Corp. (CREIT) and, Arthaland Corporation -- worth almost P15 billion. Figaro initial public offering will consist of up to 1.26 billion common shares priced at...
With the race for ‘green investments’ building up in the country, Citicore Power Inc. is also bent on accelerating its renewable energy (RE) installations with a target of 1,500 megawatts (MW) in the next four years. The company, which is affiliated with the Megawide group, is eyeing to shore...
Citicore Power, via its subsidiary Citicore Renewable Energy Corporation, is concretizing food-renewable energy (RE) nexus on its agro-solar ventures, an investment paradigm seen to debunk claims that solar farm developments could be gobbling up farmlands needed for food production. Citicore...
Filipino firm Citicore Power Inc. has finished the installation of solar rooftops that will provide the electricity needs of at least eight (8) buildings in the domain of the Authority of the Freeport Area of Bataan (AFAB), an economic zone north of Manila. The completed portion of the project has...
The joint venture of AC Energy Corporation (ACEN) of the Ayala group and Citicore Power Inc., which is affiliated with the Megawide group, will be funneling P2.7 billion worth of investment for a solar farm facility that shall be developed at a site in Arayat-Mexico towns in Pampanga. According to...
Renewable energy developer Citicore Power Inc. (Citicore) has started an agro-solar initiative in its Tarlac facility, a move that aims to promote food production within the company’s solar farms. In a recent plant tour and harvest festival sponsored by Citicore at its Tarlac 2 solar farm, the...
Citicore Power Inc., which is affiliated with the Megawide group, will be supplying 20 megawatts of renewable energy (RE) capacity to Shell Energy Philippines Inc., which is licensed as a retail electricity supplier (RES) under the retail competition and open access (RCOA) regime of the power...
