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Citicore Power earmarks P4-B for solar, hydro projects
March 1, 2021 | 12:06 am
By
Angelica Y. Yang
RENEWABLE energy firm Citicore Power, Inc. has allocated P4 billion in capital expenditures (capex) for solar and hydro projects, as the firm plans to list a power portfolio in the local bourse this year, the firm’s top official said.
“A total of 4 billion (pesos) for 2021. This is the capex plan…Around 2.5 (billion pesos) for solar projects. And then for the hydro, this will be built across three years, so the capex for the hydro is around 1.5 (billion pesos),” Citicore Power President Oliver Y. Tan told ....

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