Philippines' first solar power REIT makes hot stock market debut

Citicore Energy REIT opens 9% higher and plans expansion beyond solar

Citicore Solar Clark copy2.jpg

Citicore Energy REIT plans to develop more solar farms after a $124 million initial public offering. (Photo courtesy of the company)

CLIFF VENZON, Nikkei staff writer

MANILA -- The Philippines' first real estate investment trust (REIT) focused on renewable energy made its debut on the country's stock exchange Tuesday, with its shares soaring by as much as 15.3%.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.