Citicore raises P5 billion from share sale to SMIC
Proceeds from the share sale will be used to develop Citicore's solar power projects
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Proceeds from the share sale will be used to develop Citicore's solar power projects
SM Investments Corp. (SMIC) is acquiring a 28.79-percent stake in Citicore Energy REIT Corp. (CREIT) for P5 billion. On Wednesday, Citicore Renewable Energy Corp. (CREC), together with its wholly owned subsidiary Citicore Solar Tarlac 1 Inc., sold a total of 1,884,374,000 common shares, equivalent to a 28.79-percent interest, in CREIT…
The province of Negros Occidental will soon have an additional 69-megawatt solar power plant located in Barangay Esutaquio Lopez, Silay City.Citicore Renewable
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SM Prime Holdings, Inc. (SM Prime) and Citicore Renewable Energy Company (CREC) signed a Memorandum of Agreement on 11 July 2023 as a joint commitment to champion renewable energy. Through this partnership, SM Prime will source its energy requirements of up to 90-Megawatts (MWac) from CREC’s upcoming Lumbangan Solar Power…