August 21, 2024

Citicore eyes fresh BDO financing

By Alena Mae S. Flores – August 20, 2024, 7:25 pm from manilastandard.net Citicore Renewable Energy Corp. (CREC), an affiliate company of Megawide Construction Corp., plans to tap BDO Unibank Inc. (BDO) for additional funding requirements as it embarks on […]
August 16, 2024

CREC’s revenues up 13%, income flat in first semester

By Alena Mae S. Flores – August 15, 2024, 8:10 pm from manilastandard.net Citicore Renewable Energy Corp. (CREC) recorded a flat growth in its net income in the first six months of 2024 to P456.40 million, as revenues went up […]
August 13, 2024

Assets acquired in 2023 prop up CREIT net income in H1

By Lenie Lectura and VG Cabuag – August 13, 2024 from Business Mirror Citicore Energy REIT Corp. (CREIT) said its net income rose by 12 percent year-on-year to P693.41 million in January to June due to higher revenues during the […]
August 12, 2024

MGen withdraws bid for 796-MW CBK hydropower plants in Laguna

By Alena Mae S. Flores – August 11, 2024, 7:00 pm from manilastandard.net Meralco PowerGen Corp. decided to withdraw its bid for the privatization of the 796.64-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Lumban, Majayjay and Kalayaan, Laguna. “On […]