CREC Secures Financing for Solar Projects in the Philippines

The agreement was secured with Rizal Commercial Banking Corporation

April 16, 2024

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Citicore Renewable Energy Corporation (CREC), a renewable energy developer, secured a PhP9 billion (~$159 million) financing for multiple solar projects with a total installed generating capacity of at least 600 MWdc and up to nearly 1 GW of solar energy capacity.

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