Daily BriefsUtilities Sector

Daily Brief Utilities: Citicore Renewable Energy and more

In today’s briefing:

  • Citicore Renewable Energy Pre-IPO Tearsheet


Citicore Renewable Energy Pre-IPO Tearsheet

By Clarence Chu

  • Citicore Renewable Energy (CREC PM) is looking to raise around US$200m in its upcoming Philippines IPO. The bookrunners on the deal are UBS, and BDO Capital.
  • Citicore Renewable Energy (CREC) is a pure-play renewable energy platform focused on developing and operating renewable energy projects in the Philippines.
  • As per Lantau, the firm was the second largest solar energy generator in the Philippines, in terms of installed solar capacity.

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