Megawide bets big on real estate philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
THE planned acquisition of PH1 World Developers Inc. (PH1) is part of a broader strategy to go into real estate development, construction firm Megawide Construction Corp. said on Thursday.
PH1 World Developers, a subsidiary of Citicore Holdings and sister company of Megawide Construction Corporation, has jumpstarted its entry into the residential property market with the launch of P19.25 billion worth of projects this year.
In a press briefing, PH1 Chairman Edgar Saavedra said the f
Citicore Power is driving a power generation transformation to solar and hydro energy in the Philippines, and the rewards will go to local communities as well as investors, says President and CEO Oliver Tan.
Citicore to supply 20-MW solar power to Shell Energy
May 17, 2021 | 12:03 am
HTTP://CITICOREPOWER.COM.PH/
RENEWABLE energy (RE) firm Citicore Power, Inc. said over the weekend that it will be supplying up to 20 megawatts (MW) of solar power to Shell Energy Philippines, Inc. through its Bataan-based facility.
Shell Energy is a retail electricity supplier under the Shell Group.
“Citicore Solar Bataan, Inc. (CSBI) will supply Shell [Energy] with RE through its solar plant located in Mariveles, Bataan,” Citicore Power said in a press release issued on Saturday.
CSBI is one of the company’s eight solar facilities across the country with a total capacity of 163 MW.