News & Features

September 26, 2017

As published on RenewableSnow

Sep 25 (Renewables Now) - Philippine property developer MRC Allied Inc has acquired a 15% stake in a 50-MW solar park in Palo, Leyte, it said on Thursday.

The company, which is diversifying into the energy sector, has purchased the interest in the Sulu Electric Power and Light Philippines (Sepalco) photovoltaic (PV) plant from...

September 21, 2017

As published on ManillaBulletin

MRC Allied, a property and mining firm that is now diversifying into the energy sector, has acquired a significant stake in its first operating solar project to solidify its entry into the power industry.

During the firm’s special stockholders’ meeting, MRC Allied President Gladys Nalda said they have acquired a 15 percent st...

September 21, 2017

As published on Inquirer

MRC Allied has acquired for $5 million (about P255 million) a 15-percent stake in a 50-megawatt solar power project in Leyte as the company ramps up moves to shift to the energy business.

MRC Allied president Gladys Nalda said in a press briefing Wednesday that the company has an option to increase its interest and that the intentio...

September 21, 2017

As published on MalayaBusinessInsight

MRC Allied Inc. has acquired a 15 percent stake in a Leyte solar project, to add to its current portfolio of renewable energy. 

Gladys Nalda, MRC Allied president, said the company acquired a stake in the 50-megawatt (MW) Sulu Electric Power and Light Philippines Inc. (Sepalco) Solar Project in Palo, Leyte.


Touted as...

September 21, 2017

As published on BusinessWorld

MRC ALLIED, Inc. is acquiring a 15% stake in the 50-megawatt (MW) Sulu Electric Power and Light Philippines, Inc. (Sepalco) solar power plant project in Palo, Leyte, further boosting its diversification into the energy sector. 

The listed firm signed a memorandum of understanding to buy a minority stake in the solar power proje...

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