December 18, 2023Business Desk

Philippines green energy firm Citicore to offer 3.3 billion shares

Citicore Renewable Energy Corp, one of the Philippines' largest solar power producers, announced on Monday that it has filed for a $231.9 million initial public offering.

Source: Pexels

Tthe company intends to raise 11.25 billion pesos in new financing for its project pipeline.

Source: Pexels

Citicore operated 10 solar properties with a total gross installed capacity of 285 megawatts (MW).

Source: Pexels