CITICORE ENERGY REIT Corp. plans fundraising in 2026 to finance new property acquisitions.
CREIT is acquiring solar power assets from its sponsor, Citicore Renewable Energy Corp., targeted to be completed by yearend.
The company aims to acquire approximately 250 megawatts worth of new solar assets by yearend and is awaiting plant commissioning and necessary regulatory approvals.
CREIT issued P4.5 billion in ASEAN Green Bond offering in 2023 to acquire green properties and is the first REIT in the Philippines focusing on renewable energy.