Saturday, 9 May 2026
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.
6 Nov 2025
4:09PM
Big winner: Saavedra’s Citicore wins 1.2GW in green energy auction
Citicore Renewable Energy Corp. (CREC) has secured 1,212 megawatts of renewable capacity from the Department of Energy’s Green Energy Auction Program 4, making it one of the biggest winners of the latest round.
23 Oct 2025
8:11PM
Saavedra's Citicore, Pentagreen seal $55-M deal for solar projects in Batangas, Pampanga, and more
Citicore Solar Energy Corp. has secured a US$55-million loan from Singapore-based Pentagreen Capital to fast-track a new wave of solar and battery storage projects across the Philippines.
15 Sep 2025
5:28PM
Philippines gets first 24/7 solar power as tycoon Saavedra's Citicore turns on Batangas plant
Solar power in the Philippines has always been limited by daylight hours, but tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. (CREC) has changed that with the launch of the country’s first baseload solar plant.
14 Aug 2025
3:58PM
Saavedra’s CREC sees first half 2025 profit jump 38%; Indonesia deal to fuel growth
Tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. (CREC) reported a 38 percent jump in net income to P630 million in the first half of 2025.
7 Aug 2025
10:25AM
Citicore secures P4.4-B loan from Security Bank for Pangasinan solar plant
Tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. (CREC) has secured a P4.4-billion project finance loan from Security Bank to fund its 125MWp Citicore Solar Pangasinan project in Sta. Barbara.
Advertisement
