COREnergy Inc., a wholly owned subsidiary of Vivant Energy Corporation, has signed a 20-year Power Supply Agreement with Samal Solar Renewable Energy Corporation (SSREC). In a disclosure to the Philippine Stock Exchange (PSE), Vivant Energy’s parent company Vivant Corporation said SSREC is a...
Vivant Corporation reported that its subsidiary Vivant Energy Corporation and Vena Energy have welcomed AboitizPower (AP), through its subsidiary Aboitiz Renewables Inc. (ARI), into a partnership that will develop, construct and operate a 200-megawatt (MW) wind power plant in Samar. In a disclosure...
Isla Mactan-Cordova Corporation (IMCC), a wholly-owned subsidiary of Vivant Hydrocore Holdings Inc., is set to complete the country’s first utility-scale seawater desalination project in Cordova, Mactan by December this year. In a statement, parent company Vivant Corporation said the P2-billion...
Publicly listed Vivant Corporation is investing the bulk of its capital expenditures budget in renewable energy projects as it strengthens its initiatives under the environment, social and governance (ESG) framework to ensure the sustainability of its business endeavors. During the firm’s Annual...
Garcia-led Vivant Energy, a wholly-owned subsidiary of publicly listed Vivant Corporation, has announced plans to acquire the shareholdings of its partner Gigawatt Power Inc. in corporate units that provide electricity in off-grid areas. As emphasized, Gigawatt Power Inc. has 50-percent equity in...
CORON, Palawan—Seventeen-year-old Darlene U. Factor saw how lack of electricity in several islands in Coron, Palawan has affected living conditions of residents and the education of children and young people like herself. “Hirap talaga ang buhay sa isla kasi walang kuryente. Nung nakita ko...
Vivant Corp. posted a net income of P1.60 billion last year as its power business unit continued to drive earnings while its infrastructure business unit started to post gains. In a disclosure to the Philippine Stock Exchange, the firm said it recognized P53.59 million in non-recurring income in...
The energy subsidiary of Garcia-led Vivant Corporation has cemented the deal on its acquisition of the 22-megawatt peak (MWp) solar farm project in San Ildefonso, Bulacan for a transaction valued at $15.5 million. In a disclosure to the Philippine Stock Exchange (PSE), Vivant indicated that in...
COREnergy Inc., a subsidiary of listed firm Vivant Corporation, has installed the solar rooftop facility at the 22-storey JEG Tower in Cebu, the very first high-rise commercial building in the province to embrace the technology solution for its energy needs. The installation at the building owned...
Infrastructure builder Vivant Corporation reported that its subsidiary is investing an initial P283 million to acquire a project company that will own and operate a solar power plant facility in Bulacan. In a disclosure to the Philippine Stock Exchange, the firm said it was given notice by...
Publicly listed Vivant Corporation reported a 34 percent decrease in net income to P943 million year-one year due to the impact of Typhoon Odette and the challenging macroeconomic conditions. In a disclosure to the Philippine Stock Exchange, the holding company with investments in energy and water...
The EU-funded Renewable Energy for Livelihood and Youth (RELY) project of the corporate foundation of Garcia-led Vivant Corporation has completed the energization of at least 16 off-grid schools via solar power that subsequently provided livelihood to women in communities. Given that achievement,...