CITICORE RENEWABLE ENERGY CORP

CREC | PHILIPPINE STOCK EXCHANGE, INC.

Business Summary

Citicore Renewable Energy Corporation is a renewable energy company. It is a developer and operator of solar, run-of-river hydro, and offshore wind energy platforms in the country. Its segments include Power, REIT, and Others. Power segment pertains to the generation of electricity from solar power energy through its solar power plants, purchase of power from wholesale electricity spot market (WESM) and subsequent sale of electricity from generation and purchasing activities to customers, which include contestable customers and local retail electricity suppliers. The REIT segment pertains to the rental operations of the Group through Citicore Energy REIT Corporation. Others segment includes the maintenance service operations of Greencore Power Solutions 1, Inc. and Citicore Property Managers, Inc. It operates a total of 10 solar power plants and micro-grid solar rooftop systems with a total aggregate capacity of 285 MegaWatts defined conditions strategically located across the country.

Country of Incorporation

Philippines

Incorporation Date

2018-05-15

Business Sector

Utilities

Company Address

11th Floor, Rockwell Santolan, Town Plaza, Santolan Road,, Little Baguio,

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