News & Features

October 9, 2019

As published on The Philippine Star.

MANILA, Philippines — Listed MRC Allied Inc. has inaugurated its pilot solar rooftop project which will power up rice milling plants in north Luzon.

MRC said its wholly owned subsidiary Menlo Renewable Energy Corp. (MREN) inaugurated the 550-kilowatt peak (kWp) solar photovoltaic (PV) project in northern Luzon.

The projec...

December 13, 2018

As published on Philippine Star

MANILA, Philippines — MRC Allied Inc. is pursuing a solar rooftop project in Mindanao to meet its 100-MW target and become a key player in the country’s solar industry.

In a disclosure to the Philippine Stock Exchange yesterday, MRC said it executed a memorandum of agreement for the development and installation of a 1.1-meg...

April 16, 2018

As published on PhilStar

MANILA, Philippines — MRC Allied Inc. is pursuing a P1-billion share sale to support its expansion into the power sector.

In a disclosure to the Philippine Stock Exchange, MRC Allied said its board amended the terms of the planned private placement.

The company has reduced the amount of shares to be sold through a private placement b...

October 27, 2017

As publish on PhilStar

MANILA, Philippines — MRC Allied Inc. is in talks with XRC Mall Developer Inc. to put up solar rooftop panels in its community malls.

In a discloure to the Philippine Stock Exchange yesterday, MRC said its board gave the go-signal to pursue discussions and negotiations with XRC Mall Developer to explore, develop and install solar phot...

July 10, 2017

As published on PhilStar

MANILA, Philippines -  MRC Allied Inc. is exploring the possibility of pursuing renewable energy projects with local firm Merge Energy and Environment Corp. (MEEC) in line with plans to diversify into the power sector.

MRC told the local bourse yesterday it executed a memorandum of understanding (MOU) with MEEC, confirming “both par...

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