Citicore Renewable Energy Corporation

CREC

Citicore Renewable Energy Corporation (CREC) is a leading pure renewable energy developer and operator of solar, run-of-river hydro, and off-shore wind energy platforms in the country. The company was incorporated in 2018 and is headquartered in San Juan, Philippines.

The company operates ten solar power plants and micro-grid solar rooftop systems with a total aggregate capacity of 285 MWdc. CREC has over 5 GW of project pipelines in varying stages of development. The Company develops and manages a diversified portfolio of renewable energy generation projects, power project development operations, and retail electricity supply.

Through the Agrivoltaic technology, the company integrates solar power generation with agricultural crop production to provide positive energy and alternative yet sustainable livelihood to small farmers. The company’s AgroSolar-Social initiative ensures that host communities are not displaced by the race for renewable energy but rather empowered as they remain integral to the country’s economic growth and development.

CREC is the sponsor of the Citicore Energy REIT Corp. (CREIT), the first renewable energy REIT listed in the Philippine Stock Exchange (PSE). CREIT owns an estimate of 200 hectares of land asset portfolio leased out to CREC and its affiliate.

CREC conducts various activities to ensure the health and wellness of the communities where the company operates. Dedicated to reducing carbon footprints, CREC utilizes cutting-edge technology to harness solar and wind power, driving forward a greener future.

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