Citicore Energy REIT Corp., the country’s leading energy-themed real estate investment trust, today announced consistent financial performance for the third quarter of 2025, alongside the declaration of its latest dividends, underscoring its stability and clear path for value-accretive growth.
CREIT recorded stable revenues of Php 1.4 billion as of the third quarter of 2025, a performance consistent with the same period in the previous year. This resilience is fundamentally anchored by the Company’s strong guaranteed base lease, which increased slightly to Php 1.3 billion. Earnings before interest, tax, depreciation, and amortization (EBITDA) and net income also remained solid at Php 1.3 billion and Php 1.0 billion, respectively.
The Board of Directors declared dividends for the 3rd quarter of 2025 on November 11, amounting to Php 0.049 per share. This declaration translates to an attractive annualized yield of 5.71%, based on the September 30, 2025 closing price of Php 3.55 per share. The dividends are payable on January 12, 2026, to shareholders on record as of December 11, 2025.
“Our dividends at Php 0.049 per share show CREIT’s continued stability and resilience amidst fluctuating market conditions, thanks to its guaranteed base lease component in revenues,” said CREIT President and CEO Oliver Tan. “Investors looking for passive income generation will find CREIT as an attractive investment option. Furthermore, long-term investors looking for capital appreciation can also gravitate towards CREIT as we have a strategic growth roadmap for a value-accretive assets acquisition to further solidify our green real estate portfolio.”
The future growth of CREIT is well-supported by the significant expansion plans of its sponsor, Citicore Renewable Energy Corporation (CREC). CREC recently energized its 42 MWp Citicore Solar Pampanga 1 and the large-scale 197 MWp Citicore Solar Batangas 1, which includes a 320 MWh Battery Energy Storage System—the first solar plant in the Philippines capable of dispatching baseload power.
With more solar projects in Batangas, Pangasinan, Quezon, and Negros Occidental underway, CREC is set to complete its first gigawatt by the end of 2025, with most of these assets situated on CREIT’s land portfolio.
Mr. Tan concluded, “CREC’s ambitious plan to construct one gigawatt per year for the next five years provides CREIT a clear roadmap for asset acquisition in the coming years, ensuring sustained value creation for our shareholders.”
