
Prospective deal seen to fastrack MRC transformation
As published on Business Inquirer Investment holding firm MRC Allied is in advanced discussions to acquire an operating renewable energy firm which can add close to a billion peso in annual revenue to its energy business. MRC, aiming to transform itself into an energy holding firm, plans to build a pipeline of at least 200 megawatts of power generation capacity this year. This is in line with the five-year target to have an installed capacity of 1,000 MW. Gladys Nalda, a form