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,...
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...
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...
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...
