British Ambassador to the Philippines Laure Beaufils visited on August 16 the on-going construction of Citicore Renewable Energy Corporation's (Crec) largest solar power plant in Batangas – the biggest in its portfolio, which will be constructed in two phases over two years. The solar plant is expected to provide a much-needed boost to the Luzon Grid after its completion.
Following the UK government's investment in the initial public offering (IPO) of Crec on the Philippine Stock Exchange, Inc. (PSE), the visit provided an opportunity to witness firsthand the impressive scale of Crec's solar plant operation. Collaborations such as this underscores UK's ongoing commitment to supporting global sustainability goals and fostering strong partnerships in public markets to supporting clean energy transitions in emerging markets like the Philippines.
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