
MRC Allied to seal deal on solar-power generation by year-end
MRC Allied Inc. said it is in talks with possible investors as the company hopes to venture into solar-power generation in Cebu. The company said it is looking to put up a 60-megawatt (MW) capacity, hoping to seal a deal with its partner before the year ends. Federico Prieto, MRC Allied corporate secretary, said the company is in discussions with potential investors that could help them speed up the setting up of the facility in its 160-hectare industrial estate in the city o