COREnergy, which is the power retailing arm of listed firm Vivant Corporation, is targeting to sustain upturn in capacity sales to contestable customers next year and for it to log further demand growth beyond 2023. As indicated by Vivant President Emil Andre M. Garcia, “overall, the performance...
Garcia-led Vivant Corporation has earmarked capital spending of P30 billion for renewable energy (RE) and hybrid power facilities as well as infrastructure projects that it will be pursuing within the next three to five years. During the company’s annual stockholders’ meeting, Vivant Chief...
The provincial government of La Union has formally awarded the ownership of the 225-megawatt Bauang diesel power plant to 1590 Energy Corporation (1590 EC), a subsidiary of Garcia-led Vivant Energy Corporation. The notice of award to 1590 EC was formally served on April 6, after the company...
Cebu-based investment holding firm Vivant Corporation reported a 25 percent hike in core net income to P1.73 billion last year from the P1.38 billion earned in 2020. In a statement, the firm said it ended the year 2021 with a total consolidated attributable net income of P1.78 billion, an increase...
Licensed retail electricity supplier COREnergy, a subsidiary company of Vivant Energy Corporation, has reported upturn in its energy sales to big-ticket and power-intensive customers despite the wallop of the coronavirus pandemic in the past two years. According to COREnergy Al Douglas Villaos, the...
The top leadership of publicly listed firm Vivant Corporation will undergo a changeover in February this year, as its current chief executive officer Ramontito E. Garcia will make his exit from office as he reaches the retirement age of 65. Garcia will be passing on the corporate management baton...
Vitarich Corporation and Corenergy, a wholly-owned subsidiary of Vivant Corporation, have signed a one year energy supply agreement for up to 0.75 megawatts (MW). In a disclosure to the Philippine Stock Exchange, Vitarich said the agreement will enable it to realize savings, ranging from P3.2...
With the double whammy of a pandemic and climate change risks swallowing up the world, Vivant Corp. is among many companies that are increasing efforts to innovate and instigate a ripple effect to create a positive change. Vivant, which has businesses in energy and water, has been pursuing...
An island school in Bantayan, Cebu—one of eight schools in Cebu Province chosen for the pilot implementation of limited face-to-face learning—received equipment and materials from Vivant Foundation Inc. (VFI). Vivant Foundation, represented by Executive Director Shem Jose W. Garcia (fourth from...
Vivant Corporation’s wholly-owned subsidiary Vivant Hydrocore Holdings Inc. (VHHI) has bagged a 25-year Bulk Water Supply Agreement awarded by the Metropolitan Cebu Water District (MCWD). In a disclosure to the Philippine Stock Exchange, Vivant said MCWD concluded a successful bid for the Cordova...
Despite a Covid-limped year, Garcia-led Vivant Energy Corporation is well on its way to doubling the growth of its capacity in the retail electricity market – with it aiming for 25 megawatts by yearend from a current portfolio of more than 13MW. “Right now, we are at 13.4MW, and based on what...
Garcia-led Vivant Energy Corporation will be funneling fresh capital outlay of P5.0 billion for expansion projects to be concretized until 2023 and targeted both in the renewable energy space and on continued development of conventional power technologies. Emil Andre M. Garcia, executive vice...
