CREC Batangas, Pampanga & Negros Occidental Solar PV Portfolio
Sector: Solar • Location: Philippines
Source: World Bank Group
The project comprises a funding facility for a portfolio of solar projects of Citicore Renewable Energy Corporation (CREC), a subsidiary of Citicore Power, Inc (CPI). It secured a financing of $347.4m or PHP20 billion from Rizal Commercial Banking Corporation (RCBC) its solar PV projects in the Philippines on April 23, 2024. The first tranche is $156.34m or PHP 9 billion, which will be invested in
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project comprises a funding facility for a portfolio of solar projects of Citicore Renewable Energy Corporation (CREC), a subsidiary of Citicore Power, Inc (CPI). It secured a financing of $347.4m or PHP20 billion from Rizal Commercial Banking Corporation (RCBC) its solar PV projects in the Philippines on April 23, 2024. The first tranche is $156.34m or PHP 9 billion, which will be invested in solar projects in the Batangas, Pampanga, and Negros Occidental Provinces, to be installed in two phases in 2024 and 2025. The new proceeds will facilitate the deployment of at least 600 MW and a maximum of 1 GW of solar PV capacity. https://renewablewatch.in/2024/04/23/crec-secures-php20-billion-financing-from-rcbc-for-its-solar-projects/ ; https://crec.com.ph/press-room/press-releases/citicore-renewables-inks-php9-bn-financing-deal-with-rcbc https://renewablewatch.in/2024/04/23/crec-secures-php20-billion-financing-from-rcbc-for-its-solar-projects/ ; https://crec.com.ph/press-room/press-releases/citicore-renewables-inks-php9-bn-financing-deal-with-rcbc |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |