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Citicore unit to develop 80 MW PH wind project
The project is worth nearly PHP 10b.
Citicore Renewable Energy Corporation (CREC) has announced that its wind subsidiary is planning to develop an 80 megawatt project in the Philippines.
In a bourse filing, CREC said that Citicore Wind Energy Corporation, through its direct subsidiary, Citicore Wind Pangasinan 2 Inc., will construct the wind project in Pangasinan.
The wind power facility has an estimated project cost of $170.48m (PHP 9.6b). It will be completed by the first quarter of 2028.
$1 = PHP 56.31
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