RBC Trust to become largest shareholder in MPC Caribbean Clean Energy in debt-to-equity swap

Financial institution, RBC Trust (Trinidad & Tobago) Limited is set to emerge as one of the largest shareholders of MPC Caribbean Clean Energy Limited (MPC) after the Barbados-based renewable energy investment company agreed to convert a US$10 million promissory note into equity, a transaction that will reshape the ownership structure of a company listed on both the Jamaica and Trinidad and Tobago stock exchanges.