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ACEN and Citicore energize solar plant in Pampanga The Arayat-Mexico solar farm, a joint venture between Citicore and ACEN, Ayala group’s listed energy platform, reached its full capacity last March 23, 2022 and is expected to add much needed capacity to the grid in time for the demand surge during the hot summer season.
Citicore expands niche market into automotive industry Citicore Renewable Energy Corporation (CREC), Citicore Energy REIT‘s sponsor, accelerates its customer diversification as it adds the automotive industry among its growing pool of renewable energy end-users.
Shell renews Power Supply Agreement with Citicore Citicore Energy REIT, Inc.’s (CREIT’s) sponsor and major tenant Citicore Renewable Energy Corp. (CREC) recently renewed its power supply agreement with Shell Energy Philippines, Inc. (SEPH) for the supply of clean and renewable energy coming from its portfolio solar power generating plants.
Citicore eyeing February listing of clean energy-focused REIT PHOTO: creit.com.ph Renewable energy-themed real estate investment trust (REIT) pioneer Citicore Energy REIT Corp. (CREIT) expects to list by February, aiming to raise P10.1 billion to scale up the group’s agro-solar farm operations in order to become the country’s largest by next year.
Citicore eyes P10-B listing of solar plants in unique REIT IPO Megawide Construction Corp.’s privately held sister company, Citicore Power Corp., may list its solar power assets via the country’s first ever energy-focused Real Estate Investment Trust (REIT) offering by October this year.
Citicore to kick off Pampanga solar plant construction Citicore operates eight solar power plants with an installed capacity of 163 Megawatts (MW).
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