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CREC eyes P9.6-B investment in Pangasinan wind project
July 01, 2025
|Business World Philippines
CITICORE Renewable Energy Corp. (CREC) said its unit plans to invest P9.6 billion in a wind power project in Pangasinan, which is expected to generate 80 megawatts (MW) of electricity.
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Citicore Wind Energy Corp. (CWEC), through its subsidiary Citicore Wind Pangasinan 2, Inc., is targeting to complete the wind project by the first quarter of 2028, CREC said in a disclosure on Monday.
The company said the project aims to reduce greenhouse gas emissions associated with power generation and maximize the economic potential of the mountainous areas of Sual and Labrador.
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Business World Philippines
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