Citicore, S'pore firm team up for wind venture
The Philippine Star|October 22, 2024
Citicore Renewable Energy Corp. (CREC), chaired by tycoon Edgar Saavedra, is teaming up with Singapore-based Levanta Renewables for its maiden wind energy investments.
By BRIX LELIS

Under the deal signed last Friday, CREC and Levanta will establish a joint venture company for the development of four onshore wind projects with a combined capacity of 375 megawatts (MW) across Luzon and Visayas.

CREC said the move, subject to certain customary conditions, is expected to reach financial closing in the next few months.

Financial details of the deal were not immediately made available.

This story is from the October 22, 2024 edition of The Philippine Star.

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This story is from the October 22, 2024 edition of The Philippine Star.

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