Monday, December 29, 2025
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Tag: Oliver Tan

CREC’s net income rose 28% to P966 million in Q3

Citicore Renewable Energy Corp. (CREC) on Monday announced a 28-percent increase in net income to P966 million in the third quarter of 2025, led...

CREC wins big in Green Energy Auction with 1.2 GW of capacity

Citicore Renewable Energy Corp. (CREC), a leading pure renewable energy company in the Philippines, was one of the largest winners in the government's Green...

Megawide acquires 10% stake in CREC for P4.7 billion

Megawide Construction Corp. has acquired a 10-percent stake in Citicore Renewable Energy Corp. (CREC) for P4.7 billion through a block sale transaction with CREC's...

CREC’s first-half income grew 38% to P630 million

Citicore Renewable Energy Corp. (CREC) recorded a 38-percent increase in net income in the first six months of 2025 to P630 million from P456...

CREIT declares P0.049 cash dividend per share

Citicore Energy REIT Corp. (CREIT), the Philippines' first and largest renewable energy real estate investment trust (REIT), announced a dividend of P0.049 per share,...

CREC eyes $1-b budget to build more RE projects

Citicore Renewable Energy Corp (CREC) said Monday it is looking at a $1-billion capital expenditure budget for 2025 to expand its renewable energy portfolio. “Total...

Sustainable power

Citicore Renewable Energy Corp. (CREC) president and chief executive Oliver Tan (second from right) joins a panel represented by international groups Macquarie Asset Management,...

AgroSolar initiative

Employees of Citicore Renewable Energy Corp. lead the ceremonial harvest of pechay or local napa cabbage as part of the company’s pioneering agrosolar initiative...

Citicore Energy REIT voted best company

Citicore Energy REIT Corp., the country’s first energy REIT, was voted the Philippines’ Best Company in the recently concluded FinanceAsia’s 22nd Best Companies in...

Citicore Power’s unit finalist in Europa Awards

Several Filipino companies were recognized for promoting sustainable business practices. Citicore Power Inc.,  through  subsidiary  Citicore  Renewable  Energy  Corp.,  was chosen  as  a  finalist ...

AC Energy, Citicore break ground for 72-MW Pampanga solar farm

AC Energy Corp. and Citicore Power Inc. on Thursday held the groundbreaking ceremony for the 72-megawatt Arayat-Mexico solar farm in Pampanga province that will...

Citicore agro-solar project: a model of collaboration

Agricultural development and industrial progress can be achieved hand-in-hand, according to agro-solar energy supply and solutions provider Citicore Power Inc. There is now a global...

Citicore workers send relief packs to Batangas areas

Santiago City"•Citicore, a renewable energy company, has joined other private firms in providing relief assistance to the victims of Taal Volcano’s recent eruption in...

Megawide, Filinvest agree to settle dispute on P800-million fees

Construction company Megawide Construction Corp. and developer Filinvest Land Inc. are close to signing an amicable settlement over an P800-million collection case. Megawide chief finance...
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