ACCRALAW acted as counsel to UBS AG, Singapore Branch (Sole Global Coordinator and Joint Bookrunner), BDO Capital & Investment Corporation (Domestic Lead Manager and Joint Bookrunner), CLSA Limited, PNB Capital and Investment Corporation, RCBC Capital Corporation, and SB Capital Investment Corporation (Co-Lead Underwriters), and Investment & Capital Corporation of the Philippines (Participating Underwriter) in the initial public offering (“IPO”) of Citicore Renewable Energy Corporation (“CREC”). CREC raised PHP5.3 Billion from the sale of its primary shares and was listed on the Philippine Stock Exchange on 7 June 2024.