In today’s briefing:
- Citicore Renewable Energy IPO – Needs a Wider Discount to Be Attractive
Citicore Renewable Energy IPO – Needs a Wider Discount to Be Attractive
- Citicore Renewable Energy (CREC PM) is looking to raise around US$120m in its Philippines IPO.
- Citicore Renewable Energy (CREC) is a pure-play renewable energy platform focused on developing and operating renewable energy projects in the Philippines.
- We looked at the firm’s past performance in an earlier note. In this note, we will share our thoughts on valuation.
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