Tag: crec
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CREC, SMC power arm to boost solar capacity with 153.5-MW plant in Bataan
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CITICORE Renewable Energy Corp. (CREC) has formed a joint venture with SMC Global Light and Power Corp. (SGLP), the power arm of San Miguel Corp. (SMC), to build a 153.5-megawatt (MW) solar power plant in Mariveles, Bataan, the Saavedra-led solar power company said on Monday. CREC and SGLP recently signed an…
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CREC mulls green bond issuance for next year
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CITICORE Renewable Energy Corp. (CREC) is exploring the possibility of issuing green bonds next year, the listed company’s president said. The decision hinges on the prevailing interest rate environment, CREC President and Chief Executive Officer Oliver Y. Tan told reporters on Friday last week. “Most likely (it will be) next…