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 […]
August 8, 2024

Citicore posts 9% net income hike to P910 million

BY MYRNA M. VELASCO – Aug 7, 2024 05:24 PM from Manila Bulletin AT A GLANCE There had been three-tiered drivers to Citicore’s profitability: and these were primarily from sale of electricity as the major contributor; then earnings arising from […]
July 2, 2024

CREC, SLGP joint venture for Bataan solar plant project pushes through

By Alena Mae S. Flores – July 1, 2024, 10:40 am from manilastandard.net   Citicore Renewable Energy Corp. (CREC) said Monday its board has approved the proposed joint venture with San Miguel Global Light and Power Corp. (SGLP) for the […]
June 8, 2024

CREC listing fuels 5-GW green energy target by 2028

By Brix Lelis – June 8, 2024 | 12:00am from The Philippine Star Tycoon Edgar Saavedra, Securities and Exchange Commission chairman Emilio Aquino and Philippine Stock Exchange president and CEO Ramon Monzon mark Citicore Renewable Energy Corp.’s listing with a […]