يحاول ذهب - حر
CREIT planning new fundraising for solar farm expansion in 2026
June 10 2025
|Manila Bulletin
Citicore Energy REIT Corporation, the country's first renewable energy real estate investment trust, is considering raising new funds next year to finance the acquisition of additional land for the expansion of its solar farm portfolio.
During the firm's annual stockholders' meeting, CREIT President and CEO Oliver Tan said, “Any new land acquisition would involve new fundraising, we are looking at around next year.”
He explained that this is because “we already fully deployed the (proceeds) of the green bond that we raised two years ago” adding that they intend to acquire more land for the second gigawatt of sponsor Citicore Renewable Energy Corporation's (CREC) five-year target of one gigawatt per year.
“We will first complete the acquisition of the batch of 250 megawatts of solar assets before the end of the year before any plans of acquiring new properties,” noted Tan.
هذه القصة من طبعة June 10 2025 من Manila Bulletin.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Manila Bulletin
Manila Bulletin
VP Sara: Sedition raps being used as scare tactics by gov't against critics
Vice President Sara Duterte said the Marcos administration is intimidating critics by filing sedition raps against them, similar to what they did with her and Cavite Rep. Kiko Barzaga.
1 mins
November 17, 2025
Manila Bulletin
Marcos vows safe and swift recovery of Negros Occidental typhoon victims
President Marcos assured residents of Negros Occidental that government support will be sustained and expanded in the aftermath of Typhoon Tino, telling survivors that the administration will ensure their “safe and swift recovery.”
5 mins
November 17, 2025
Manila Bulletin
Prelate seeks corruption probe
The Archdiocese of Cebu has issued a pastoral appeal amid growing allegations of massive corruption in the government.
1 min
November 17, 2025
Manila Bulletin
Muntinlupa shoreline communities flooded due to rise in Laguna Lake water level
Muntinlupa Mayor Ruffy Biazon said shoreline communities in the city continued to be flooded due to the rise in the water level in Laguna Lake.
1 mins
November 17, 2025
Manila Bulletin
Lord, please let me see
Jesus predicts his passion, death, and resurrection for the third time, yet his disciples still fail to understand.
2 mins
November 17, 2025
Manila Bulletin
Zaldy Co confident Senate will uncover truth behind budget insertion, flood control mess
Former Ako Bicol Party-list Rep. Zaldy Co has expressed confidence that the Senate, not the Independent Commission for Infrastructure (ICI), will ultimately uncover the truth in the budget insertion and flood control projects mess.
4 mins
November 17, 2025
Manila Bulletin
Thousands march vs corruption
Palace bucks calls for President Marcos to resign
10 mins
November 17, 2025
Manila Bulletin
Pope returns 62 artifacts to Indigenous peoples from Canada as part of reckoning with colonial past
The Vatican on Saturday returned 62 artifacts from its vast ethnographic collection to Indigenous peoples from Canada, as part of the Catholic Church's reckoning with its role in helping suppress Indigenous culture in the Americas.
3 mins
November 17, 2025
Manila Bulletin
NG cedes to MVP threat on LRT-1
Metro Pacific Investments Corp. (MPIC) may hold off on its planned divestment from Light Rail Manila Corp. (LRMC) after the government immediately opened talks to address its obligations to the company.
2 mins
November 17, 2025
Manila Bulletin
Work-from- home allowed for SC, CA, CTA, Sandiganbayan, Manila trial courts on Nov. 17-18
Chief Justice Alexander G. Gesmundo allowed a work-fromhome for officials and personnel of the Supreme Court (SC), Court of Appeals (CA) in Manila, Sandiganbayan, Court of Tax Appeals (CTA), and trial courts in Manila on Monday and Tuesday, Nov. 17 and 18.
1 mins
November 17, 2025
Listen
Translate
Change font size