Tag: capex


  • Citicore aims for 3 GW with $2B capex push

    Citicore aims for 3 GW with $2B capex push

    Citicore sets bold course to 3 GW capacity Citicore Renewable Energy Corp. (CREC) has unveiled a significant capital expenditure plan aimed at accelerating its project rollout and reaching about 3 gigawatts (GW) of capacity by year-end. The company disclosed that it is setting aside roughly $2 billion (approximately PHP 118.9 billion) to fund the development…

  • Citicore Bets $2 Billion on 3 GW Renewable Push in 2024

    Citicore Bets $2 Billion on 3 GW Renewable Push in 2024

    Citicore Announces Major Capex to Accelerate Growth Citicore Renewable Energy Corp. (CREC) has unveiled a bold capital expenditure plan, earmarking roughly $2 billion (about P118.9 billion) to accelerate its project rollout and push its capacity toward 3 gigawatts (GW) by the end of the year. The move signals a strong conviction that the Philippines’ renewable…

  • Citicore Aims 3 GW Capacity With $2B Capex Plan 2026

    Citicore Aims 3 GW Capacity With $2B Capex Plan 2026

    Citicore Sets Aggressive 2026 Capex Target to Reach 3 GW Citicore Renewable Energy Corp. (CREC) has unveiled a bold capital expenditure plan, allocating roughly $2 billion (about P118.9 billion) to accelerate its project rollout with the goal of achieving 3 gigawatts (GW) of capacity by the end of the year. The move signals the company’s…