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Citicore Renewable Energy approved for IPO on March 22

Edgar Saavedra’s application to list Citicore Renewable Energy has been approved by the PSE......»»

Category: financeSource: philstar philstarFeb 1st, 2024

Citicore Renewable Energy approved for IPO on March 22

Edgar Saavedra’s application to list Citicore Renewable Energy has been approved by the PSE......»»

Category: financeSource:  philstarRelated NewsFeb 1st, 2024

Citicore Energy REIT declares robust Q4 dividend

Citicore Energy REIT, the subsidiary of Citicore Renewable Energy Corp. and the REIT arm of the Megawide [MWIDE 3.08 unch] group of companies, declared a Q4/23 dividend of P0.054/share, payable on May 15 to shareholders of record as of April 18......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

SEC OKs Citicore Renewable IPO

The Securities and Exchange Commission has given its green light to the P11.252-billion initial public offering of Citicore Renewable Energy Corp......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

RENEWABLE ENERGY | Citicore breaks ground 69-MW solar plant in Silay City

RENEWABLE ENERGY | Citicore breaks ground 69-MW solar plant in Silay City.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Citicore Renewables officially moves IPO to next quarter

Citicore Renewable Energy Corp. gave notice to the exchange that it “decided to adjust the indicative date of the Offer from March 2024 to the 2nd quarter of 2024.”.....»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

The PSE’s first IPO might be delayed until next quarter

A report from Iris Gonzales of The Philippine Star said that the Citicore Renewable Energy Corp. IPO might be moved from late March to sometime in Q2 to be more “in line with the expected lowering of interest rates” and to give CREC more time to “complete some remaining regulatory requirements”......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

CREC likely to move IPO to Q2

The planned initial public offering of Citicore Renewable Energy Corp., potentially the first IPO of 2024, may be moved to the second quarter of the year in line with the expected lowering of interest rates by then......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

SM Investments buys 28.79% stake in CREIT for P5-B

SM Investments spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT from CREIT’s parent company, Citicore Renewable Energy Corp., at a price of P2.6534/share......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

CREIT FY23 profit: P1.4-B (up 12%)

Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

CREIT FY23 profit: P1.4-B (up 12%)

Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

PSE approves CREC IPO

The Philippine Stock Exchange Inc. has approved the initial public offering of Citicore Renewable Energy Corp., the first for this year......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

CREC earmarks P35 billion capex for RE projects

Citicore Renewable Energy Corp. is allocating P35 billion for capital expenditures this year as it continues to bolster its renewable energy portfolio......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Citicore breaks ground for Negros solar project

Citicore Renewable Energy Corp. has broken ground for a 69-megawatt-peak solar power plant project in Negros Occidental.c.....»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Lapid bet renewable energy pangontra sa brownout

Maiiwasan ang madalas na brownout sa Western Visayas kung isusulong ang renewable energy sa rehiyon, ayon kay Senador Lito Lapid. The post Lapid bet renewable energy pangontra sa brownout first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 11th, 2024

Alternergy reallocates IPO proceeds to Tanay and Alabat projects

Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

NGCP, ECCP sign deal to advance renewable energy development

In a landmark move toward fostering innovation and sustainability in the energy landscape of the country, the National Grid Corp. of the Philippines and the European Chamber of Commerce of the Philippines have inked an agreement to formalize their commitment to mutually advocate the utilization of renewable energy resources in the Philippines to increase the country’s power supply and energy generation......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

Citicore Energy REIT doesn’t deny report of potential 30% stake sale

Citicore Energy REIT responded to a Biz Buzz article that claimed a “blue chip conglomerate” (BCC) was in negotiations to acquire “a little less than 30%” of CREIT in a deal that would be completed “in the coming days or weeks”......»»

Category: financeSource:  philstarRelated NewsMar 21st, 2024

DOE slates 3rd round of Green Energy Auction

Another round of the Green Energy Auction will be conducted this year as part of the country’s utilization of renewable energy resources and attainment of energy security and reliability, the Department of Energy said......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Philippines approved investment projects up 73 pct in 2023

MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

Philippines approved investment projects up 73 pct in 2023

MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024