CITICORE Renewable Energy Corp. (CREC) has secured a P9-billion loan — part of planned borrowings of up to P20-billion — from Rizal Commercial Banking Corp. (RCBC) for the construction of multiple solar power plants.
"RCBC's support will assist us to fulfill our 1GW (gigawatt) target for this year. We thank RCBC for their trust in us and we will endeavor to meet our goals with excellence," CREC President and CEO Oliver Tan said.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.