Business description: Citicore Renewable Energy Corporation

Citicore Renewable Energy Corporation is a renewable energy company. The Company is a developer and operator of solar, run-of-river hydro, and offshore wind energy platforms in the country. Its segments include Power, REIT, and Others. The Power segment pertains to the generation of electricity from solar power energy through its solar power plants, purchase of power from the wholesale electricity spot market (WESM) and subsequent sale of electricity from generation and purchasing activities to customers, which include contestable customers and local retail electricity suppliers. The REIT segment pertains to the rental operations of the Group through Citicore Energy REIT Corporation. The Others segment includes the maintenance service operations of Greencore Power Solutions 1, Inc. and Citicore Property Managers, Inc. It operates approximately 10 solar power plants with a total aggregate capacity of 285 MegaWatts defined conditions (MWDc) strategically located across the country.

Sales by Activity: Citicore Renewable Energy Corporation

Fiscal Period: December 2021 (PHP) 2022 (PHP) 2023 (PHP) 2024 (PHP) 2025 (PHP)

Power

1.03B 2.12B 2.99B 4.23B 5.5B

REIT

17.77M 1.37B 1.8B 1.89B 1.88B

Others

17.02M 64.19M 96.64M 416M 376M

Eliminations

-52.46M -765M -1.2B -1.39B -2.44B

Geographical breakdown of sales: Citicore Renewable Energy Corporation

Fiscal Period: December 2021 (PHP) 2022 (PHP) 2023 (PHP) 2024 (PHP) 2025 (PHP)

Philippines

1.01B 2.79B 3.68B 5.15B 5.32B

Executive Committee: Citicore Renewable Energy Corporation

Manager TitleAgeSince
Chief Executive Officer 48 2023-08-07
Director of Finance/CFO 38 2026-06-29
Chief Tech/Sci/R&D Officer 34 2024-04-30
Investor Relations Contact - 2026-06-07
Corporate Officer/Principal - 2026-06-29

Composition of the Board of Directors: Citicore Renewable Energy Corporation

Director TitleAgeSince
Chairman 51 2023-08-07
Director/Board Member 48 2023-08-07
Director/Board Member 51 2023-08-07
Director/Board Member 80 2023-08-07
Director/Board Member 79 2023-08-07
Director/Board Member 53 2023-08-07
Director/Board Member - 2025-08-10
Director/Board Member - 2025-08-10

Shareholders: Citicore Renewable Energy Corporation

NameStocks%Valuation
Citicore Holdings Investment, Inc.
50.04 %
5,584,894,691 50.04 % 411 M ₱
Government of Indonesia
20 %
2,232,143,035 20 % 164 M ₱
Government Service Insurance System
9 %
1,004,464,344 9 % 74 M ₱
0.8837 %
98,631,066 0.8837 % 7 M ₱
0.0756 %
8,439,001 0.0756 % 621 026 ₱

Company details: Citicore Renewable Energy Corporation

Citicore Renewable Energy Corp.

Rockwell Santolan Town Plaza

1500, San Juan City

+

http://www.crec.com.ph
address Citicore Renewable Energy Corporation(CREC)

Alternative Electric Utilities

Change 5-day change 1-year change 3-year change Capi.($)
-2.20%-1.99%-0.22% - 793M
+4.67%+0.53%+53.16% - 238B
+0.46%+4.51%-4.20%+46.55% 173B
0.00%+3.49%+28.37%+111.86% 163B
-0.10%+0.47%+5.41%+34.13% 109B
+0.09%+2.14%-2.88%+39.26% 107B
+0.61%+1.24%+8.77%+61.70% 103B
+0.29%+2.86%-2.11%+42.58% 97.31B
+2.57%+0.05%-33.79%+133.78% 91.76B
+0.84%+2.42%+11.95%+73.90% 70.93B
Average +0.71%+2.13%+6.45%+67.97% 115.42B
Weighted average by Cap. +1.35%+2.07%+13.26%+68.02%
Trader
Investor
Global
Quality
ESG MSCI
-
MarketScreener Ratings - Citicore Renewable Energy Corporation
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
4.540PHP
Average target price
4.967PHP
Spread / Average Target
+9.40%

Annual profits - Rate of surprise

Rate of surprise - EPS - Annual - Citicore Renewable Energy Corporation
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