News & Features

June 19, 2017

As published on Malaya 

MRC Allied Corp. plans to expand its renewable energy portfolio  to 1,000 megawatts in the next five years while working to spin off its real estate and mining ventures. 

The company looks to invest between P80 billion and  P100 billion for its power venture, with a potential to generate P3.9 billion in profit, while its prope...

June 19, 2017

As published on Manila Bulletin

MRC Allied, Inc., a firm controlled by Menlo Capital Corporation of Benjamin Bitanga and Lucio Tan Jr., is investing P80 billion to P100 billion for its transformation into a power company from a real estate and mining concern.

“In line with our vision to be one of the major players in the Philippine power industry, we plan t...

June 19, 2017

As published on PhilStar

MANILA, Philippines -  MRC Allied Inc. is diversifying into the energy sector with plans to become a major player in the Philippine power industry, targetting to develop at least 1,000 megawatts of clean and renewable energy (RE) in the next five years.

In her message during the company’s annual stockholders meeting on Friday, newly...

As published on Business Mirror

PUBLICLY listed real-estate firm MRC Allied Inc. is venturing into the power business, targeting to increase its power-generating capacity to at least 1,000 megawatts (MW) in the next five years.

To achieve the target, the company, which is 51.9-percent owned by Menlo Capital Corp., is determined to put up at least 200 MW of...

June 19, 2017

As published on Rappler

Not all power projects would be built from scratch as MRC Allied is open to acquiring or partnering with existing renewable energy developers

MANILA, Philippines – Listed property developer MRC Allied Incorporated is venturing into the energy business, targeting to develop at least 1,000 megawatts (MW) of power generating capacity in...

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