Citicore Renewable Energy Corp. (CREC)
Company description
Citicore Renewable Energy Corporation (CREC) is a pure-play renewable energy developer and operator in the Philippines, focusing on solar, run-of-river hydro, and offshore wind platforms. It was incorporated on May 15, 2018, as the renewable energy division of Citicore Power Inc., itself a part of Citicore Holdings Investment, Inc., the parent company of Megawide Construction Corporation. CREC has rapidly grown to become one of the country's leading power producers, especially in solar energy.
Other companies in Philippines
Company details
Participation in projects
Projects as Project Owner per Country ()
Projects as Project Owner per Subsector ()
Loading ...
The company has not participated in any projects.
| Country | Project | Current stage | Value (USD MM) | Sectors | Updated | Details |
|---|
Loading ...
Loading ...
| Country | Transaction | Type | Sectors | Updated | Details |
|---|
Loading more transactions...
Loading ...
Company updates
-
-
September 26, 2025
Philippines commissions first AgriPV-Plus-Storage Project
The Citicore Renewable Energy Corporation (CREC) has commissioned the Batangas 1 project located in Tuy, a municipality in the province of Batangas, around 100km south-west of the capital, Manila...
Read more -
September 15, 2025
Philippines switches on agrovoltaic complex with 320 MWh battery storage
The Philippines' President has led the commissioning of the Citicore Solar Batangas 1 Power Plants, the country’s first hybrid agrovoltaics and battery storage system. The Citicore Solar Batang...
Read more -
August 20, 2025
Philippines secures financing for 125 MW Citicore solar project
Citicore Renewable Energy Corp. (CREC), Security Bank Corp., and Security Bank Capital Investment Corp. have signed a PHP 4.4 billion (US$77.5 million) project finance loan facility for a 125 MW...
Read more -
April 08, 2022
ACEN, Citicore start operation of 72 MW solar project in Pampanga
AC Energy (ACEN), the renewable energy unit of Ayala Corporation, in partnership with Citicore Power, has started the commercial operation of its 72 MW Arayat-Mexico solar photovoltaic project lo...
Read more -
August 24, 2020
Ayala plans to build two solar project in Pampanga and Zambales
AC Energy Philippines Inc., a subsidiary of Ayala Group has planned to build two solar projects with 150 MW total capacity located in Central Luzon, Philippines. AC Energy Philippines Inc., thr...
Read more -
August 11, 2016
Philippine builder Megawide Construction to take over local firm Citicore Power
Megawide Construction Corporation has announced the acquisition of Philippine loca energy firm Citicore Power.
Read more
