News & Features

October 10, 2019

As published on BusinessWorld.

A UNIT of MRC Allied, Inc. has launched a 550-kilowatt-peak (kWp) solar photovoltaic (PV) rooftop project in northern Luzon, adding to the company’s portfolio as it aims to be a major renewable energy (RE) player in the country.

Menlo Renewable Energy Corp. (MREN), a wholly owned subsidiary of the listed company, launched on O...

March 6, 2019

As published on BusinessWorld

MRC ALLIED, Inc. has broken ground on a 1.1 megawatt (MW) solar photovoltaic rooftop project in one of the malls in Mindanao through its subsidiary Menlo Renewable Energy Corp. (MREN), the listed company said on Tuesday.

“Under the MoA (memorandum of agreement), MREN will be the project developer and owner of the solar facility...

November 8, 2018

As published on BusinessWorld

MRC ALLIED, Inc. said on Wednesday that it had executed a memorandum of agreement (MoA) to build a solar photovoltaic rooftop system for two rice milling plants with a capacity of at least 550 kilowatt-peak (kWp).

The company did not disclose the other parties to the deal except to say that the development, design, construction...

October 11, 2018

As published on BusinessWorldOnline

MRC ALLIED, Inc. is consolidating all its assets and portfolio under the listed company, while its operating subsidiaries will be implementing the projects, the company said on Thursday.

As part of the reorganization, it announced the appointment of Augusto M. Cosio, Jr. as president and chief executive officer, replacing...

June 19, 2018

As published on BusinessworldOnline

MRC Allied, Inc. may choose to participate only in the power plant component of the liquefied natural gas (LNG) facility that it is studying to build with a foreign partner, its top official said.

“We are given an option to just be part of the [power] generation,” Gladys N. Nalda, MRC Allied president and chief executive...

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