Vivant Energy eyes ₱46-billion investments through 2030
Vivant Corp. is eyeing approximately ₱46 billion in cumulative investments within the next five years to expand its renewable platforms.
Meanwhile, around ₱10 billion in water infrastructure investments are expected through 2030.
In a disclosure to the Philippine Stock Exchange (PSE) on Friday, June 20, Vivant Chief Executive Officer (CEO) Arlo G. Sarmiento explained that the company is focused on growing its energy and water projects in Visayas, stating that, “As we move toward 2030, our efforts in energy and water remain aligned with the country’s long-term needs.”
Vivant stated that it is aiming to support the government>>font-family: Gilroy; display: inline !important;>’s renewable energy (RE) goals by increasing its own RE capacity to 30 percent by 2030.
As of year-end 2024, Vivant’s attributable generation capacity stood at 451 megawatts (MW), through a diversified mix of coal and diesel assets on its on-grid and off-grid sites.
“Our strong performance was the result of deliberate choices, clear priorities, and disciplined execution,” Sarmiento said.
Last year, its Delta P. Inc. secured a 15-year long-term power supply deal with Palawan Electric Cooperative (Paleco) to enhance power supply in mainland Palawan by 40 megawatts (MW).
Other power supply deals include missionary electrification efforts in Busuanga and Coron, as executed by the Calamian Islands Power Corp.
Other developments include the 206-MW wind project in Northern Samar, which is slated for completion by 2027.
In Luzon, Vivant announced that its solar power facility in Bulacan is set to commercially operate by 2025.
Moreover, its Isla Mactan-Cordova Corp.’s desalination facility is preparing ahead of commercial operations, which is scheduled within the second half of the year. This is a 25-year joint venture agreement with Metropolitan Cebu Water District.
Its wastewater treatment facility in Puerto Princesa has also begun operations, which has said to benefit residents in the island.