CREC's solar farm in Bataan, Philippines. (Photo: CREC)
The renewable energy sector in the Philippines is experiencing a significant boom. Among the five companies listed on the local stock exchange over the past 14 months, three are renewable energy firms. One notable upcoming listing is Citicore Renewable Energy Corporation (CREC), scheduled for June 7. CREC is expected to raise 5.3 billion pesos (about 90.4 million USD), potentially marking the largest renewable energy IPO in the Philippines since 2006.
