Friday, 7 August 2026
2 hours ago
CREC’s Pampanga solar project targets lower system losses
Tycoon Edgar Saavedra-backed Citicore Renewable Energy Corp. and Pampanga I Electric Cooperative have started building what they described as the country’s first embedded solar project integrated with battery energy storage.
3 Jul 2026
12:34PM
Megawide raises P4.5B from renewable energy stake sale to GSIS
Tycoon Edgar Saavedra’s Megawide Construction Corp. raised P4.5 billion from the sale of its stake in Citicore Renewable Energy Corp. to the Government Service Insurance System.
17 Jun 2026
4:50PM
Citicore Renewable Energy declares first dividend since IPO after 2025 profit jump
Tycoon Edgar Saavedra-backed Citicore Renewable Energy Corp. has declared its first cash dividend since listing on the Philippine Stock Exchange in 2024 after generating P1.15 billion in consolidated net income last year.
15 Jun 2026
4:14PM
CREC turns retired solar panels into community assets
As the renewable energy sector continues to expand, managing equipment at the end of its useful life is emerging as a growing sustainability challenge. Citicore Renewable Energy Corp. (CREC) is addressing this issue through EcoLoop.
15 May 2026
2:36PM
Saavedra-backed CREC sees Q1 profit jump 58% as new solar plants lift earnings
Tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. (CREC) posted a sharp jump in first quarter earnings as newly energized solar plants began contributing more meaningfully to revenues and margins.
13 Apr 2026
8:33PM
WINNING | Citicore Renewable Energy ramps up 5GW push as investor trust expands anew
Tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. is pressing ahead with its aggressive capacity buildout as it seeks to cement its role in the Philippines’ energy transition.
30 Mar 2026
8:24PM
Citicore Renewable 2025 earnings rise 14% as 2025 revenue hits P5.3B
Citicore Renewable Energy Corp., the renewable power firm backed by tycoon Edgar Saavedra, posted firmer full-year 2025 earnings, with profit growth outpacing revenue as electricity sales held strong and financing costs declined.
29 Dec 2025
3:52PM
Founder moment: Oliver Tan gets multibillion-peso Citicore stake
Citicore Renewable Energy Corp. has reshaped its ownership, elevating co-founder Tan into a direct 10 percent shareholder of the renewable energy firm he helped build.
17 Nov 2025
10:14PM
CREC nine-month profit jumps 28% on stronger sales, new capacity
Tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. reported a 28 percent rise in net income to P966 million in the first nine months of 2025.
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