Cebu-based Vivant Corp. plans to deploy nearly ₱70 billion over the next four years to expand its generation capacity to 1,000 megawatts, as it shifts its focus heavily toward renewable energy and water infrastructure.

In a briefing on Thursday, May 21, Emil Andre Garcia, Vivant Energy president, said the holding company is allocating ₱67 billion specifically to its core energy and water divisions over the four-year period.

Of that total, about 90 percent—representing roughly ₱60 billion—is earmarked for power infrastructure and development. The remaining ₱7 billion will fund the expansion of its water business.

The bulk of the energy allocation will target renewable energy developments. Vivant is currently evaluating 10 to 15 projects, with capital deployment expected to accelerate between 2027 and 2028, according to Garcia.

“There are several projects that we’re looking at, though we can’t disclose all the capacities,” Garcia said. “But we’re looking at renewable assets ranging from a minimum of 30 megawatts all the way up to 300 megawatts, depending on the location and the size.” As of the end of 2025, Vivant’s total power portfolio stood at 471 megawatts, meaning the upcoming investment cycle is designed to more than double its footprint in the energy market.

For the infrastructure side, Jess Garcia, Vivant Water president, said the group’s ₱7 billion allocation will be injected into desalination, wastewater management, and water distribution systems. The company sees high confidence in deploying capital into these segments due to the growing localized opportunities across the archipelago, he added.

To fund the aggressive expansion program, Vivant plans to tap capital markets, according to Minuel Carmela Franco, Vivant chief financial officer. The group intends to execute debt capital raising activities to fund the immediate pipeline.

Vivant is also evaluating the feasibility of a follow-on equity offering to bolster its balance sheet, Franco said. However, any potential equity sale will depend on prevailing market conditions.

For now, Vivant will rely on a combination of debt and internally generated equity to fund its immediate capital expenditure requirements.