Citicore signs up more customers

By Danessa Rivera – December 10, 2021 | 12:00am
from The Philippine Star

MANILA, Philippines — Citicore Power Inc. (Citicore) has signed up more companies from different industries under its retail electricity business as it expands its market reach through its supply of renewable energy (RE).

Apart from new clients, Citicore also extended partnerships with existing clients through its retail supply arm, Citicore Energy Solutions Inc. (CESI), a licensed retail electricity supplier by the Energy Regulatory Commission (ERC).

CESI recently closed new contracts with food and agricultural industry players namely, Liberty Flour Mills Inc., a manufacturing and distribution company known for its flour business and related products which includes bakery flour and mill feeds, and Provera Nutritional Solutions, Corp. (PNSC), a wholesaler of feed milling and farm supply in the Miscellaneous Store Retailers industry.

Additionally, CESI was able to close a contract with South Town Center, a three-story and 73 units commercial shopping center developed by Limchua Development Corp. (LDC).

Succeed Asia Ventures Inc. and Ground 18 Realty Corp. (Bench Tower) have also renewed their partnership for two more years.

Succeed Asia is a real estate developer and casino service operator located in Cagayan Freeport Economic Zone while Ground 18 is a commercial office located in Taguig City.

Citicore president and CEO Oliver Tan said the company is optimistic and committed in establishing partnerships while utilizing socially-responsible technologies and methodologies.

“As a company who is backed by a strong and competent team, we look forward to partnering with businesses having the same goals for renewable energy and the country, to bring progressive energy solutions in achieving strategic goals and business objectives,” Tan said.