Citicore Energy REIT Corp. Stock Analysis CREIT.PM

Citicore Energy REIT Corp. operates as real estate investment trust which engages in the ownership of infrastructure projects and renewable energy real estate properties. The company is headquartered in San Juan, Me and currently employs 7 full-time employees. The company went IPO on 2022-02-22. The firm's primary objective is to explore, develop and utilize renewable resources with a particular focus on solar and wind energy generation to design, construct, erect, assemble, commission, and operate power-generating plants and related facilities for the conversion of renewable energy into a usable form fit for electricity generation and distribution; and to perform other ancillary and incidental activities. Its two operating segments include sale of solar energy and leasing. The sale of the solar energy business segment is engaged in the generation of electricity from solar power energy through its Clark Solar Power Project. The leasing business segment is engaged in the rental operations of the Company with related parties. Its leasing properties include Clark Solar Power Plant, Armenia Property, the Toledo Property, the Silay Property and the Dalayap Property.