CREC eyes Green Bond offering in 2025 By James A. Loyola After raising P5.3 billion from its initial public offering (IPO), Citicore Renewable Energy Corporation (CREC) is considering the issuance of Green Bonds to help fund its aggressive $3-billion five-year expansion program. During the press...
The UK government’s MOBILIST Programme has invested P731 million in Citicore Renewable Energy Corporation (CREC) which is equivalent to 13.77 percent of its P5.3-billion initial public offering (IPO). CREC has successfully completed its IPO and listing on the Philippine Stock Exchange (PSE) on...
Citicore Energy REIT Corporation (CREIT) reported an 18 percent growth in net income to P359.27 million in the first quarter of 2024 from P304.95 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it posted a 26 percent increase in revenues at P473...
Citicore Renewable Energy Corporation (CREC) reported that it has secured financing arrangement of up to P20 billion with Rizal Commercial Banking Corporation (RCBC) for the funding of multiple solar power plant projects. In a statement, the firm said the projects will have a combined installed...
Flourishing solar power developer giant Citicore Renewable Energy Corporation (CREC) has secured P9.0 billion worth of loans from Yuchengco-led Rizal Commercial Banking Corp (RCBC) with an option to increase it to P20 billion; and that will be funneled mainly for the commercial development of its...
Simple but effective: refill hubs help curb plastic use by requiring consumers to bring their own containers for refilling cleaning products, which are often packaged in single-use sachets and bottles. When washing the dishes daily, one may overlook the amount of plastic packaging discarded...
Citicore Energy REIT Corporation (CREIT), the country’s first and largest renewable energy real estate investment trust, posted a 12 percent improvement in net income to P1.4 billion last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its revenues rose 31 percent to...
Ashton, a full-service ISO-certified distributor of surfacing and home products founded in 1995, launched the Le Chic and Urban Crush Collections of Silestone by Cosentino in the recently held “Beyond the Surface: A Culinary Experience with Silestone and Dekton.” The event featured an intimate...
The Sy family’s flagship SM Investments Corporation (SMIC) has come in as a strategic partner in Citicore Energy REIT Corporation (CREIT) with the acquisition of a 28.79 percent stake for P5 billion from shareholders led by billionaire Edgar Saavedra. In a disclosure to the Philippine Stock...
Citicore Energy REIT Corporation (CREIT) declared cash dividends amounting to P353 million or P0.054 per share which is 10 percent higher than the P0.049 a share dividend declared in the previous quarter. In a disclosure to the Philippine Stock Exchange (PSE), the firm said this brings total...
Oliver Almadro has been tasked to not only lead, but design an improved program for University of the Philippines’ volleyball teams. The veteran mentor jumped over the fence last year in August and became the State U’s new program director before ultimately accepting the coaching role for the...
Oliver Almadro is officially calling the shots for University of the Philippines’ women’s volleyball team, the school’s Office for Athletics and Sports Development announced on Friday, Feb. 2. The champion coach, who was appointed as the Fighting Maroons’ volleyball program...
